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Earnings Per Common Share (Tables)
3 Months Ended
Mar. 31, 2017
Earnings Per Share  
Schedule of computation of basic and diluted earnings per share

 

 

 

 

 

 

 

 

 

 

Three Months Ended

 

 

 

March 31,

 

(Dollars and shares in thousands, except for per share amounts)

    

2017

    

2016

 

Basic earnings per common share:

 

 

    

 

 

    

 

Net income

 

$

18,264

 

$

24,494

 

Weighted-average basic common shares

 

 

28,892

 

 

23,969

 

Basic earnings per common share

 

$

0.63

 

$

1.02

 

Diluted earnings per share:

 

 

 

 

 

 

 

Net income

 

$

18,264

 

$

24,494

 

Weighted-average basic common shares

 

 

28,892

 

 

23,969

 

Effect of dilutive securities

 

 

267

 

 

222

 

Weighted-average dilutive shares

 

 

29,159

 

 

24,191

 

Diluted earnings per common share

 

$

0.63

 

$

1.01

 

 

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

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended March 31,

 

(Dollars in thousands)

    

2017

    

2016

 

Number of shares

 

 

 

 

 

34,712

 

 

 

 

 

74,609

 

Range of exercise prices

 

$

69.48

to

$

91.35

 

$

61.42

to

$

69.48