XML 60 R35.htm IDEA: XBRL DOCUMENT v3.19.1
Basis of presentation (Tables)
12 Months Ended
Dec. 31, 2018
Accounting Policies [Abstract]  
Summary of Basic and Diluted Earnings Per Common Share
The following is a summary of the basic and diluted earnings per common share calculation for each of the periods presented:
 
 
December 31,
 
 
 
2018

 
2017

 
2016

Basic earnings per common share calculation:
 
 
 
 
 
 
Net income
 
$
80,236

 
$
52,398

 
$
40,591

Dividends paid on and undistributed earnings allocated to
participating securities
 
(428
)
 

 

Earnings attributable to common shareholders
 
$
79,808

 
$
52,398

 
$
40,591

Weighted-average basic shares outstanding
 
30,675,755

 
27,627,228

 
19,165,182

Basic earnings per common share
 
$
2.60

 
$
1.90

 
$
2.12

Diluted earnings per common share:
 
 
 
 
 
 
Earnings attributable to common shareholders
 
79,808

 
52,398

 
40,591

Weighted-average basic shares outstanding
 
30,675,755

 
27,627,228

 
19,165,182

Weighted-average diluted shares contingently issuable
 
639,226

 
580,374

 
146,992

Weighted-average diluted shares outstanding
 
31,314,981

 
28,207,602

 
19,312,174

Diluted earnings per common share
 
$
2.55

 
$
1.86

 
$
2.10

Pro forma earnings per common share:
 
 
 
 
 
 
Pro forma earnings attributable to common shareholders
 
$
79,808

 
$
52,398

 
$
39,422

Weighted-average basic shares outstanding
 
30,675,755

 
27,627,228.00

 
19,165,182.00

Pro forma basic earnings per common share
 
$
2.60

 
$
1.90

 
$
2.06

Pro forma diluted earnings per common share:
 
 
 
 
 
 
Pro forma earnings attributable to common shareholders
 
$
79,808

 
$
52,398

 
$
39,422

Weighted-average diluted shares outstanding
 
31,314,981

 
28,207,602

 
19,312,174

Pro forma diluted earnings per common share
 
$
2.55

 
$
1.86

 
$
2.04