XML 37 R26.htm IDEA: XBRL DOCUMENT v3.7.0.1
Earnings Per Share (Tables)
6 Months Ended
Jun. 30, 2017
Earnings Per Share [Abstract]  
Schedule of number of stock options excluded from the computations of diluted earnings per share
The following table sets forth the weighted average number of stock options excluded for the periods indicated:
 
 
Three Months Ended
 
Six Months Ended
 
June 30,
 
March 31,
 
June 30,
 
June 30,
 
2017
 
2017
 
2016
 
2017
 
2016
 
 
 
 
 
 
 
 
 
 
Weighted average stock options excluded
15,531

 

 
154,251

 
7,389

 
131,703

Schedule of Company's unaudited earnings per share calculations
The following tables set forth the Company’s earnings per share calculations for the periods indicated:
 
 
Three Months Ended
 
June 30, 2017
 
March 31, 2017
 
June 30, 2016
 
Net
Income
 
Shares
 
Per Share
Amount
 
Net
Income
 
Shares
 
Per Share
Amount
 
Net
Income
 
Shares
 
Per Share
Amount
 
(dollars in thousands, except per share data)
Net income
$
14,176

 
 
 
 
 
$
9,521

 
 
 
 
 
$
10,369

 
 
 
 
Basic income available to common stockholders
14,176

 
39,586,524

 
$
0.36

 
9,521

 
27,528,940

 
$
0.35

 
10,369

 
27,378,930

 
$
0.38

Effect of dilutive stock option grants and warrants

 
680,696

 
 
 

 
668,280

 
 
 

 
466,560

 
 
Diluted income available to common stockholders plus assumed conversions
$
14,176

 
40,267,220

 
$
0.35

 
$
9,521

 
28,197,220

 
$
0.34

 
$
10,369

 
27,845,490

 
$
0.37



 
Six Months Ended June 30,
 
2017
 
2016
 
Net
Income
 
Shares
 
Per Share
Amount
 
Net
Income
 
Shares
 
Per Share
Amount
 
(dollars in thousands, except per share data)
Net income
$
23,697

 
 
 
 
 
$
18,923

 
 
 
 
Basic income available to common stockholders
23,697

 
33,591,040

 
$
0.71

 
18,923

 
26,467,292

 
$
0.72

Effect of dilutive stock options and warrants
 
 
676,175

 
 
 
 
 
434,335

 
 
Diluted income available to common stockholders plus assumed conversions
$
23,697

 
34,267,215

 
$
0.69

 
$
18,923

 
26,901,627

 
$
0.70