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Stockholders' Equity (Tables)
3 Months Ended
Mar. 31, 2019
Equity [Abstract]  
Reconciliation of beginning and ending common stock outstanding The following table provides a reconciliation of the beginning and ending shares of common stock outstanding for the three months ended March 31, 2019 and the year ended December 31, 2018:
 
March 31, 2019
 
December 31, 2018
Balance, beginning of period
125,279,455

 
125,131,593

Issuance of common stock
3,889,411

 
26,203

Nonvested share-based awards, net of withheld shares
45,225

 
121,659

Balance, end of period
129,214,091

 
125,279,455

Earnings (loss) per share The following table sets forth the computation of basic and diluted earnings per common share for the three months ended March 31, 2019 and 2018.
 
Three Months Ended March 31,
(Dollars in thousands, except per share data)
2019
 
2018
Weighted average Common Shares outstanding
 
 
 
Weighted average Common Shares outstanding
125,908,335

 
125,167,128

Nonvested shares
(1,778,700
)
 
(1,909,777
)
Weighted average Common Shares outstanding—Basic
124,129,635

 
123,257,351

Weighted average Common Shares outstanding—Basic
124,129,635

 
123,257,351

Dilutive effect of employee stock purchase plan
102,132

 
90,330

Weighted average Common Shares outstanding—Diluted
124,231,767

 
123,347,681

Net Income
$
4,891

 
$
9,180

Dividends paid on nonvested share-based awards
(536
)
 
(579
)
Net income applicable to common stockholders
$
4,355

 
$
8,601

Basic earnings per common share - Net income
$
0.04

 
$
0.07

Diluted earnings per common share - Net income
$
0.04

 
$
0.07

Summary of the activity under the Incentive Plan A summary of the activity under the Company's share-based incentive plans for the three months ended March 31, 2019 and 2018 is included in the table below.
 
Three Months Ended March 31,
 
2019
 
2018
Share-based awards, beginning of period
1,769,863

 
1,907,645

Granted
64,771

 
76,762

Vested
(50,507
)
 
(54,065
)
Share-based awards, end of period
1,784,127

 
1,930,342

Summary of employee stock purchase plan activity A summary of the activity under the Purchase Plan for the three months ended March 31, 2019 and 2018 is included in the table below.
 
Three Months Ended March 31,
 
2019
 
2018
Outstanding and exercisable, beginning of period
328,533

 
318,100

Granted
235,572

 
203,836

Exercised
(14,630
)
 
(8,835
)
Forfeited
(16,625
)
 
(10,580
)
Expired
(142,074
)
 
(135,790
)
Outstanding and exercisable, end of period
390,776

 
366,731