Earnings Per Share (Tables)

3 Months Ended

Mar. 31, 2020

Earnings Per Share [Abstract]

Basic and diluted earnings per share

Basic and diluted earnings per share has been computed based on the following:

	Three Months ended
(Dollars in thousands, except per share data)	March 31, 2020		March 31, 2019
Net income available to common stockholders, basic and diluted	$	43,339	49,132
Average outstanding shares - basic	93,287,670		84,549,974
Add: dilutive restricted stock units and stock options	72,122		64,274
Average outstanding shares - diluted	93,359,792		84,614,248
Basic earnings per share	$	0.46	0.58
Diluted earnings per share	$	0.46	0.58
Restricted stock units and stock options excluded from the   diluted average outstanding share calculation 1	102,094		—

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¹ Anti-dilution occurs when the unrecognized compensation cost per share of a restricted stock unit or the exercise price of a stock option exceeds the market price of the Company’s stock.