Basic and Diluted Net Income Per Common Share

3 Months Ended

Mar. 31, 2015

Basic and Diluted Net Income Per Common Share

Basic and Diluted Net Income Per Common Share

9.   Basic and Diluted Net Income Per Common Share

Computation of basic and diluted net income per common share is performed as follows:

	Three Months Ended March 31,
(Dollars in thousands, except per share amounts)	2015		2014
Net income available to common stockholders	$	11,061	$	9,809
Weighted Average Shares Outstanding
Basic	52,450,994		53,608,465
Effect of Dilutive Securities	879,268		916,902
Diluted	53,330,262		54,525,367
Net income per common share
Basic and Diluted	$	0.21	$	0.18

For the three months ended March 31, 2015 and 2014, there were 818,825 and zero stock options, respectively, which were excluded from the dilutive calculations as the effect would have been antidilutive.