Earnings Per Share (Tables)

9 Months Ended

Sep. 30, 2014

Earnings per share consisted of the following components for the periods indicated:



	Three Months Ended				Nine Months Ended
	September 30				September 30
	2014		2013		2014			2013
	(Dollars in thousands, except per share data)
Net income	$	15,738	$	14,655	$	43,867		$	39,665

Weighted Average Shares
Basic shares	23,911,678		22,946,308		23,876,391			22,886,521
Effect of diluted securities	90,685		100,806		95,320			72,799
Dilutive shares	24,002,363		23,047,114		23,971,711			22,959,320

Net income per share
Basic EPS	$	0.66	$	0.64	$	1.84		$	1.73
Effect of diluted securities	—		—		(0.01		)	—
Dilutive EPS	$	0.66	$	0.64	$	1.83		$	1.73

Details of anti dilutive options to purchase common stock

The following table illustrates the options to purchase common stock and the shares of performance-based restricted stock that were excluded from the calculation of diluted earnings per share because they were anti-dilutive:



	Three Months Ended		Nine Months Ended
	September 30		September 30
	2014	2013	2014	2013
Stock options	—	—	—	125,241
Performance-based restricted stock	—	—	—	—