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Earnings per Share (Tables)
 12 Months Ended
Dec. 31, 2017
Earnings per Share  
Schedule of computations of basic and diluted earnings per share

 

 

 

 

 

 

 

 

 

 

 

 

Year Ended December 31, 

(dollars in thousands, except shares and per share amounts)

    

2017

    

2016

    

2015

Numerator:

 

 

 

 

 

 

 

 

 

Net income

 

$

183,682

 

$

230,178

 

$

213,780

 

 

 

 

 

 

 

 

 

 

Denominator:

 

 

 

 

 

 

 

 

 

Basic: weighted-average shares outstanding

 

 

139,560,305

 

 

139,487,762

 

 

139,459,620

Add: weighted-average equity-based awards

 

 

96,688

 

 

4,846

 

 

 —

Diluted: weighted-average shares outstanding

 

 

139,656,993

 

 

139,492,608

 

 

139,459,620

 

 

 

 

 

 

 

 

 

 

Basic earnings per share

 

$

1.32

 

$

1.65

 

$

1.53

Diluted earnings per share

 

$

1.32

 

$

1.65

 

$

1.53