Earnings Per Share (Tables)

9 Months Ended

Sep. 30, 2016

Earnings Per Share [Abstract]

Computation of Basic and Diluted Earnings Per Share

The following table sets forth the computation of basic and diluted earnings per share:

	Three months ended   September 30,				Nine months ended   September 30,
(dollars in thousands, except per share amounts)	2016		2015		2016		2015
Numerator:
Net income	$	8,934	$	7,911	$	24,231	$	19,238
Denominator:
Weighted average common shares	46,159,956		45,616,832		46,078,306		45,576,029
Add effect of dilutive securities:
Stock-based awards	1,234,150		979,882		1,190,163		827,167
Weighted average common shares assuming dilution	47,394,106		46,596,714		47,268,469		46,403,196
Earnings per share:
Basic	$	0.19	$	0.17	$	0.53	$	0.42
Diluted	$	0.19	$	0.17	$	0.51	$	0.41
Anti-dilutive shares excluded from calculations of diluted earnings per share	1,723		9,765		3,766		18,658