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Earnings Per Share (Tables)
12 Months Ended
Dec. 31, 2018
Earnings Per Share [Abstract]  
Computation of Earnings Per Common Share



 

 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 

 



 

Years Ended December 31,

($ in thousands, except per share data)

 

2018

 

2017

 

2016

Numerator:

 

 

 

 

 

 

 

 

 

Net income to common shareholders

 

$

323,770 

 

$

215,632 

 

$

149,296 

Net income allocated to participating securities -- basic and diluted

 

 

5,930 

 

 

4,670 

 

 

3,598 

Net income allocated to common shareholders - basic and diluted

 

$

317,840 

 

$

210,962 

 

$

145,698 

Denominator:

 

 

 

 

 

 

 

 

 

Weighted-average common shares - basic

 

 

85,355 

 

 

84,695 

 

 

77,850 

Dilutive potential common shares

 

 

166 

 

 

268 

 

 

99 

Weighted average common shares - diluted

 

 

85,521 

 

 

84,963 

 

 

77,949 

Earnings per common share:

 

 

 

 

 

 

 

 

 

Basic

 

$

3.72 

 

$

2.49 

 

$

1.87 

Diluted

 

$

3.72 

 

$

2.48 

 

$

1.87