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Earnings Per Share (Tables)
3 Months Ended
Mar. 31, 2018
Earnings Per Share [Abstract]  
Reconciles Numerators and Denominators of Basic Earnings Per Share with Diluted Earnings Per Share
The following table reconciles the numerators and denominators of basic and diluted earnings per share for the periods presented:
 
Three Months Ended March 31,
(in thousands, except share and per share data)
2018
 
2017
Numerator for Earnings per Share—Basic:

 

Net income
$
26,163

 
$
18,188

Less: Income allocated to participating shares
80

 
60

Net Income Allocated to Shareholders
$
26,083

 
$
18,128

 
 
 
 
Numerator for Earnings per Share—Diluted:

 

Net income
$
26,163

 
$
18,188

Net Income Available to Shareholders
$
26,163

 
$
18,188

 
 
 
 
Denominators for Earnings per Share:

 

Weighted Average Shares Outstanding—Basic
34,756,726

 
34,690,250

Add: Potentially dilutive shares
242,439

 
222,011

Denominator for Treasury Stock Method—Diluted
34,999,165

 
34,912,261

 
 
 
 
Weighted Average Shares Outstanding—Basic
34,756,726

 
34,690,250

Add: Average participating shares outstanding
106,722

 
115,395

Denominator for Two-Class Method—Diluted
34,863,448

 
34,805,645

 
 
 
 
Earnings per share—basic
$
0.75

 
$
0.52

Earnings per share—diluted
$
0.75

 
$
0.52

Warrants considered anti-dilutive excluded from potentially dilutive shares - exercise price $31.53 per share, expires January 2019
400,722

 
447,103

Restricted stock considered anti-dilutive excluded from potentially dilutive shares
90,298

 
79,544