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Earnings Per Share (Tables)
9 Months Ended
Sep. 30, 2015
Earnings Per Share  
Schedule of computation of basic and diluted earnings per share

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended

 

Nine Months Ended

 

 

 

September 30,

 

September 30,

 

(Dollars and shares in thousands)

    

2015

    

2014

    

2015

    

2014

 

Basic earnings per common share:

 

 

    

 

 

    

 

 

    

 

 

    

 

Net income available to common shareholders

 

$

25,140

 

$

19,327

 

$

73,938

 

$

53,116

 

Weighted-average basic common shares

 

 

23,984

 

 

23,899

 

 

23,956

 

 

23,890

 

Basic earnings per common share

 

$

1.05

 

$

0.81

 

$

3.09

 

$

2.22

 

Diluted earnings per share:

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income available to common shareholders

 

$

25,140

 

$

19,327

 

$

73,938

 

$

53,116

 

Weighted-average basic common shares

 

 

23,984

 

 

23,899

 

 

23,956

 

 

23,890

 

Effect of dilutive securities

 

 

301

 

 

261

 

 

279

 

 

249

 

Weighted-average dilutive shares

 

 

24,285

 

 

24,160

 

 

24,235

 

 

24,139

 

Diluted earnings per common share

 

$

1.04

 

$

0.80

 

$

3.05

 

$

2.20

 

 

Schedule of anti-dilutive securities excluded from computation of diluted earnings per common share

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended September 30,

 

Nine Months Ended September 30,

 

(Dollars in thousands)

    

2015

    

2014

    

2015

    

2014

 

Number of shares

 

 

 

 

 

46,798

 

 

 

 

 

22,497

 

 

 

    

 

47,865

 

 

 

 

 

22,497

 

Range of exercise prices

 

$

61.42

to

$

66.32

 

$

61.49

to

$

66.32

 

$

61.42

to

$

66.32

 

$

61.49

to

$

66.32