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Earnings Per Share (Tables)
6 Months Ended
Jun. 30, 2018
Earnings Per Share  
Schedule of computation of basic and diluted earnings per share

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended

 

Six Months Ended

 

 

 

June 30,

 

June 30,

 

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

    

2018

    

2017

    

2018

    

2017

 

Basic earnings per common share:

 

 

    

 

 

    

 

 

    

 

 

    

 

Net income

 

$

40,459

 

$

31,823

 

$

82,785

 

$

50,087

 

Weighted-average basic common shares

 

 

36,677

 

 

29,095

 

 

36,657

 

 

28,985

 

Basic earnings per common share

 

$

1.10

 

$

1.09

 

$

2.25

 

$

1.73

 

Diluted earnings per share:

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income

 

$

40,459

 

$

31,823

 

$

82,785

 

$

50,087

 

Weighted-average basic common shares

 

 

36,677

 

 

29,095

 

 

36,657

 

 

28,985

 

Effect of dilutive securities

 

 

252

 

 

270

 

 

253

 

 

267

 

Weighted-average dilutive shares

 

 

36,929

 

 

29,365

 

 

36,910

 

 

29,252

 

Diluted earnings per common share

 

$

1.09

 

$

1.08

 

$

2.24

 

$

1.71

 

 

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

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended June 30,

 

Six Months Ended June 30,

 

(Dollars in thousands)

    

2018

    

2017

    

2018

    

2017

 

Number of shares

 

 

 

 

 

61,272

 

 

 

 

 

34,712

 

 

 

    

 

61,272

 

 

 

 

 

34,712

 

Range of exercise prices

 

$

91.05

to

$

91.35

 

$

69.48

to

$

91.35

 

$

91.05

to

$

91.35

 

$

69.48

to

$

91.35