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Earnings Per Share (Tables)
6 Months Ended
Jun. 30, 2019
Earnings Per Share [Abstract]  
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, 2019
 
March 31, 2019
 
June 30, 2018
 
(dollars in thousands, except per share data)
Basic
 
 
 
 
 
Net income
$
38,527

 
$
38,718

 
$
27,303

Less: Earnings allocated to participating securities
(444
)
 
(347
)
 

Net income allocated to common stockholders
38,083

 
38,371

 
27,303

 
 
 
 
 
 
Weighted average common shares outstanding
61,308,046

 
61,987,605

 
46,053,077

Basic earnings per common share
$
0.62

 
$
0.62

 
$
0.59

 
 
 
 
 
 
Diluted
 
 
 
 
 
Net income allocated to common stockholders
$
38,083

 
$
38,371

 
$
27,303

 
 
 
 
 
 
Weighted average common shares outstanding
61,308,046

 
61,987,605

 
46,053,077

Diluted effect of share-based compensation
353,727

 
298,178

 
649,891

Weighted average diluted common shares
61,661,773

 
62,285,783

 
46,702,968

Diluted earnings per common share
$
0.62

 
$
0.62

 
$
0.58


 
Six Months Ended
 
June 30, 2019
 
June 30, 2018
 
(dollars in thousands, except per share data)
Basic
 
 
 
Net income
$
77,245

 
$
55,305

Less: Earnings allocated to participating securities
(791
)
 

Net income allocated to common stockholders
76,454

 
55,305

 
 
 
 
Weighted average common shares outstanding
61,645,940

 
45,973,727

Basic earnings per common share
$
1.24

 
$
1.20

 
 
 
 
Diluted
 
 
 
Net income allocated to common stockholders
$
76,454

 
$
55,305

 
 
 
 
Weighted average common shares outstanding
61,645,940

 
45,973,727

Diluted effect of share-based compensation
334,193

 
704,396

Weighted average diluted common shares
61,980,133

 
46,678,123

Diluted earnings per common share
$
1.23

 
$
1.18