Stockholders' Equity (Tables)

6 Months Ended

Jun. 30, 2016

Equity [Abstract]

Computation of Basic and Diluted Earnings Per Share

The following table sets forth the computation of basic and diluted earnings per share (in thousands, except share and per share data):

	Three Months Ended June 30,				Six Months Ended June 30,
	2016		2015		2016		2015
Numerator:
Net income available to common shareholders	$	23,279	$	18,715	$	46,681	$	36,268
Denominator:
Basic weighted average shares outstanding		29,264,362		31,735,333		29,481,042		31,709,645
Effect of dilutive securities:
Stock appreciation rights and options		97,847		226,680		102,800		233,373
Restricted stock		61,636		180,926		58,445		176,008
Diluted weighted average shares outstanding		29,423,845		32,142,939		29,642,287		32,119,026
Basic earnings per share	$	0.80	$	0.59	$	1.58	$	1.14
Diluted earnings per share	$	0.79	$	0.58	$	1.57	$	1.13

Antidilutive Securities Excluded from Computation of Earnings Per Share

The computation of diluted earnings per share excludes the following potentially dilutive securities because the effect would be anti-dilutive:

	Three Months Ended June 30,				Six Months Ended June 30,
	2016		2015		2016		2015
Stock appreciation rights		—		—		9,262		—