XML 36 R25.htm IDEA: XBRL DOCUMENT v3.10.0.1
Earnings Per Share (Tables)
9 Months Ended
Sep. 30, 2018
Earnings Per Share [Abstract]  
Computation of Basic and Diluted Earnings Per Share

The following table sets forth the Company’s unaudited earnings per share calculations for the periods indicated:

 

 

 

Quarter Ended

September 30, 2018

 

 

Quarter Ended

September 30, 2017

 

(dollars in thousands, except per share amounts)

Basic

 

 

Diluted

 

 

Basic

 

 

Diluted

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income

$

14,707

 

 

$

14,707

 

 

$

9,580

 

 

$

9,580

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic common shares outstanding

 

44,405,094

 

 

 

44,405,094

 

 

 

34,565,949

 

 

 

34,565,949

 

Effect of contingent shares issuable

 

 

 

 

 

1,592

 

 

 

 

 

 

 

1,592

 

Effect of options and restricted stock

 

 

 

 

 

445,421

 

 

 

 

 

 

 

692,091

 

Diluted common shares outstanding

 

 

 

 

 

44,852,107

 

 

 

 

 

 

 

35,259,632

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Earnings per share

$

0.33

 

 

$

0.33

 

 

$

0.28

 

 

$

0.27

 

 

 

Nine Months Ended

September 30, 2018

 

 

Nine Months Ended

September 30, 2017

 

(dollars in thousands, except per share amounts)

Basic

 

 

Diluted

 

 

Basic

 

 

Diluted

 

Net income

$

28,829

  

 

$

28,829

  

 

$

25,309

  

 

$

25,309

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic common shares outstanding

 

41,288,804

 

 

 

41,288,804

 

 

 

33,671,327

 

 

 

33,671,327

 

Effect of contingent shares issuable

 

 

 

 

 

1,592

 

 

 

 

 

 

 

1,592

 

Effect of options and restricted stock

 

 

 

 

 

500,260

 

 

 

 

 

 

 

926,894

 

Diluted common shares outstanding

 

 

 

 

 

41,790,656

 

 

 

 

 

 

 

34,599,813

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Earnings per share

$

0.70

 

 

$

0.69

 

 

$

0.75

 

 

$

0.73