Earnings Per Share (Tables)

3 Months Ended

Mar. 31, 2016

Schedule of Basic and Diluted Earnings Per Share

Basic and diluted earnings per share are computed based on the weighted average number of shares outstanding during each period. Diluted earnings per share reflects the potential dilution that could occur, upon the exercise of stock options or upon the vesting of restricted stock grants, any of which would result in the issuance of common stock that would then be shared in the net income of the Company.



	Three Months Ended March 31,
	2016		2015
Basic earnings per share:
Net income available to common shareholders	$	4,691	$	8,073
Weighted-average basic shares outstanding	34,176,753		28,620,120
Basic earnings per share	$	0.14	$	0.28
Diluted earnings per share:
Net income available to common shareholders, for diluted earnings per share	$	4,691	$	8,073
Total weighted-average basic shares outstanding	34,176,753		28,620,120
Add effect of dilutive stock options and restricted stock grants	777,839		741,721
Total weighted-average diluted shares outstanding	34,954,592		29,361,841
Diluted earnings per share	$	0.13	$	0.27
Anti-dilutive shares	2,369,813		720,447