Note 9 - Net Income Per Common Share

3 Months Ended

Mar. 31, 2017

Notes to Financial Statements

Earnings Per Share [Text Block]

Note

9

.

Net Income per Common Share

The calculation of net income per common share for the

three

months ended

March

31,

2017

and

2016

was as follows.

	Three Months Ended March 31,
(dollars and shares in thousands, except per share data)	2017		2016
Basic:
Net income	$	27,017	$	23,322
Average common shares outstanding		34,070		33,519
Basic net income per common share	$	0.79	$	0.70
Diluted:
Net income	$	27,017	$	23,322
Average common shares outstanding		34,070		33,519
Adjustment for common share equivalents		214		585
Average common shares outstanding-diluted		34,284		34,104
Diluted net income per common share	$	0.79	$	0.68
Anti-dilutive shares		7		5