Earnings Per Share (Tables)

3 Months Ended

Mar. 31, 2016

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



	Three Months Ended
	March 31
	2016		2015
	(Dollars in thousands, except share and per share data)
Net income	$	18,611	$	9,460

Weighted Average Shares
Basic shares	26,275,323		24,959,865
Effect of dilutive securities	43,409		80,215
Diluted shares	26,318,732		25,040,080

Net income per share
Basic EPS	$	0.71	$	0.38
Effect of dilutive securities	—		—
Diluted EPS	$	0.71	$	0.38

Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share [Table Text Block]

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



	Three Months Ended
	March 31
	2016	2015
Stock options	2,252	—
Performance-based restricted stock	—	—