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Earnings Per Share (Tables)
3 Months Ended
Mar. 31, 2018
Earnings Per Share  
Schedule of computation of basic and diluted earnings per share

 

 

 

 

 

 

 

 

 

 

Three Months Ended

 

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

    

2018

    

2017

 

Basic earnings per common share:

 

 

    

 

 

    

 

Net income

 

$

42,326

 

$

18,264

 

Weighted-average basic common shares

 

 

36,646

 

 

28,892

 

Basic earnings per common share

 

$

1.15

 

$

0.63

 

Diluted earnings per share:

 

 

 

 

 

 

 

Net income

 

$

42,326

 

$

18,264

 

Weighted-average basic common shares

 

 

36,646

 

 

28,892

 

Effect of dilutive securities

 

 

253

 

 

267

 

Weighted-average dilutive shares

 

 

36,899

 

 

29,159

 

Diluted earnings per common share

 

$

1.15

 

$

0.63

 

 

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

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended March 31,

 

(Dollars in thousands)

    

2018

    

2017

 

Number of shares

 

 

 

 

 

61,272

 

 

 

 

 

34,712

 

Range of exercise prices

 

$

91.05

to

$

91.35

 

$

69.48

to

$

91.35