Net Income per Common Share

3 Months Ended

Mar. 31, 2018

Earnings Per Common Share

Net Income per Common Share

Note 9. Net Income per Common Share

The calculation of net income per common share for the three months ended March 31, 2018 and 2017 was as follows.

	Three Months Ended March 31,
(dollars and shares in thousands, except per share data)	2018		2017
Basic:
Net income available to common shareholders	$	35,715	$	27,017
Average common shares outstanding		34,261		34,070
Basic net income per common share	$	1.04	$	0.79
Diluted:
Net income available to common shareholders	$	35,715	$	27,017
Average common shares outstanding		34,261		34,070
Adjustment for common share equivalents		145		214
Average common shares outstanding-diluted		34,406		34,284
Diluted net income per common share	$	1.04	$	0.79
Anti-dilutive shares		—		7