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Earnings Per Share (Tables)
3 Months Ended
Mar. 31, 2013
Earnings Per Share  
Schedule of computation of basic and diluted earnings per share

 

 

Three Months Ended

 

 

 

March 31,

 

(Dollars and shares in thousands)

 

2013

 

2012

 

Basic earnings per share:

 

 

 

 

 

Net income

 

$

10,649

 

$

7,028

 

 

 

 

 

 

 

Weighted-average basic shares

 

16,769

 

13,883

 

Basic earnings per share

 

$

0.64

 

$

0.51

 

 

 

 

 

 

 

Diluted earnings per share:

 

 

 

 

 

Net income

 

$

10,649

 

$

7,028

 

 

 

 

 

 

 

Weighted-average basic shares

 

16,769

 

13,883

 

Effect of dilutive securities

 

167

 

68

 

Weighted-average dilutive shares

 

16,936

 

13,951

 

Diluted earnings per share

 

$

0.63

 

$

0.50

 

Schedule of antidilutive securities excluded from computation of diluted earnings per share

 

 

Three Months Ended

 

 

 

March 31,

 

(Dollars in thousands)

 

2013

 

2012

 

 

 

 

 

 

 

Number of shares

 

21,361

 

216,268

 

Range of exercise prices

 

$41.45-$41.45

 

$31.10 - $40.99