XML 36 R25.htm IDEA: XBRL DOCUMENT v3.19.2
Earnings Per Common Share (Tables)
6 Months Ended
Jun. 30, 2019
Earnings Per Share [Abstract]  
Schedule of reconciliation of the numerators and denominators used in computing Basic and Diluted Earnings Per Common Share
The following is a reconciliation of the numerators and denominators used in computing Basic and Diluted Earnings Per Common Share:
 
 
For the Three Months Ended June 30,
 
 
2019
 
2018
($ in thousands except per
share amounts)
 
Per Share
Amount
 
Shares
(Denominator)
 
Per Share
Amount
 
Income
(Numerator)
 
Shares
(Denominator)
 
Per Share
Amount
Basic EPS:
 
 
 
 
 
 
 
 
 
 
 
 
Net income
 
$
23,859

 
 
 
 
 
$
22,730

 
 
 
 
Less: income allocated to participating securities
 
(114
)
 
 
 
 
 

 
 
 
 
Basic EPS per common share
 
$
23,745

 
29,626,931

 
$
0.80

 
$
22,730

 
29,544,747

 
$
0.77

 
 
 
 
 
 
 
 
 
 
 
 
 
Diluted EPS:
 
 
 
 
 
 
 
 
 
 
 
 
Net income
 
$
23,859

 
29,626,931

 
 
 
$
22,730

 
29,544,747

 
 
Effect of Dilutive Securities
 

 
170,010

 
 
 

 
87,991

 
 
Diluted EPS per common share
 
$
23,859

 
29,796,941

 
$
0.80

 
$
22,730

 
29,632,738

 
$
0.77


 
 
For the Six Months Ended June 30,
 
 
2019
 
2018
($ in thousands except per
share amounts)
 
Per Share
Amount
 
Shares
(Denominator)
 
Per Share
Amount
 
Income
(Numerator)
 
Shares
(Denominator)
 
Per Share
Amount
Basic EPS:
 
 
 
 
 
 
 
 
 
 
 
 
Net income
 
$
46,144

 
 
 
 
 
$
43,403

 
 
 
 
Less: income allocated to participating securities
 
(227
)
 
 
 
 
 

 
 
 
 
Basic EPS per common share
 
$
45,917

 
29,607,074

 
$
1.55

 
$
43,403

 
29,539,308

 
$
1.47

 
 
 
 
 
 
 
 
 
 
 
 
 
Diluted EPS:
 
 
 
 
 
 
 
 
 
 
 
 
Net income
 
$
46,144

 
29,607,074

 
 
 
$
43,403

 
29,539,308

 
 
Effect of Dilutive Securities
 

 
201,785

 
 
 

 
91,514

 
 
Diluted EPS per common share
 
$
46,144

 
29,808,859

 
$
1.55

 
$
43,403

 
29,630,822

 
$
1.46