XML 34 R20.htm IDEA: XBRL DOCUMENT v3.10.0.1
Basis of Presentation (Tables)
6 Months Ended
Jun. 30, 2018
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Schedule of Earnings Per Share, Basic and Diluted
Amounts used in the determination of basic and diluted earnings per share for the three- and six-month periods ended June 30, 2018, and 2017, are shown in the table below:
 
Three Months Ended
June 30,
(Dollars and number of shares in thousands, except per share data)
2018
 
2017
Net income
$
27,879

 
$
21,958

Preferred dividends
(13
)
 
(13
)
Interest expense on convertible preferred debt

 
4

Net income available to common stockholders
$
27,866

 
$
21,949

Weighted average common shares outstanding for basic earnings per share
32,621

 
26,687

Assumed incremental common shares issued upon exercise of stock options and non-vested restricted stock units
210

 
286

Weighted average common shares for diluted earnings per share
32,831

 
26,973

Earnings per common share — basic
$
0.85

 
$
0.82

Earnings per common share — diluted
$
0.85

 
$
0.81

Number of antidilutive common stock equivalents excluded from diluted earnings per share computation

 

 
 
 
 
 
Six Months Ended
June 30,
(Dollars and number of shares in thousands, except per share data)
2018
 
2017
Net income
$
51,147

 
$
39,968

Preferred dividends
(26
)
 
(32
)
Interest expense on convertible preferred debt

 
9

Net income available to common stockholders
$
51,121

 
$
39,945

Weighted average common shares outstanding for basic earnings per share
31,537

 
26,512

Assumed incremental common shares issued upon non-vested restricted stock units
209

 
286

Weighted average common shares for diluted earnings per share
31,746

 
26,798

Earnings per common share — basic
$
1.62

 
$
1.51

Earnings per common share — diluted
$
1.61

 
$
1.49

Number of antidilutive common stock equivalents excluded from diluted earnings per share computation

 

Summary of Status of RSUs
A summary of the RSUs outstanding as of June 30, 2018 and 2017, and changes during the six months ended June 30, 2018 and 2017, follows:
 
2018
 
2017
 
Shares
 
Weighted-Average Grant Date
Fair Value
 
Shares
 
Weighted-Average Grant Date
Fair Value
Outstanding at January 1
301,578

 
$
34.74

 
346,817

 
$
27.61

Granted
113,738

 
55.16

 
108,245

 
47.21

Vested
(124,764
)
 
32.64

 
(125,840
)
 
26.32

Forfeited
(25,011
)
 
45.50

 
(10,563
)
 
31.78

Outstanding at June 30
265,541

 
$
43.49

 
318,659

 
$
34.64

Summary of Status of Stock Options
A summary of the stock options outstanding as of June 30, 2018 and 2017, and changes during the six months ended June 30, 2018 and 2017, follows:
 
2018
 
2017
 
Shares
 
Weighted-Average
Exercise Price
 
Shares
 
Weighted-Average
Exercise Price
Outstanding at January 1
6,500

 
$
18.60

 
26,400

 
$
18.60

Granted

 

 

 

Exercised
(6,500
)
 
18.60

 
(8,250
)
 
18.60

Forfeited

 

 
(500
)
 
18.60

Outstanding at June 30

 
$

 
17,650

 
$
18.60

Options exercisable at June 30

 
$

 
17,650

 
$
18.60