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Earnings per Common Share (Tables)
9 Months Ended
Sep. 30, 2017
Earnings Per Share [Abstract]  
Computation of Basic and Diluted Earnings per Share
The following table sets forth the computation of basic and diluted earnings per share for the three and nine month periods ended September 30, 2017 and 2016:
 
Three Months Ended September 30,
 
Nine Months Ended September 30,
 
2017
2016
 
2017
2016
Net income
$
27,259

$
25,193

 
$
72,253

$
70,871

Weighted average common shares outstanding for basic earnings per share computation
56,094,401

44,415,213

 
49,514,818

44,505,544

Dilutive effects of stock-based compensation
436,467

390,708

 
486,064

379,368

Weighted average common shares outstanding for diluted earnings per common share computation
56,530,868

44,805,921

 
50,000,882

44,884,912

 
 
 
 
 
 
Basic earnings per common share
$
0.49

$
0.57

 
$
1.46

$
1.59

Diluted earnings per common share
$
0.48

$
0.56

 
$
1.45

$
1.58

 
 
 
 
 
 
Anti-dilutive unvested time restricted stock

135

 
94,210

95,886