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Earnings per Share (Tables)
 12 Months Ended
Dec. 31, 2018
Earnings per Share  
Schedule of computations of basic and diluted earnings per share

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 

 

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

  

2018

  

2017

    

2016

 

Numerator:

 

 

 

 

 

 

 

 

 

 

Net income

 

$

264,394

 

$

183,682

 

$

230,178

 

 

 

 

 

 

 

 

 

 

 

 

Denominator:

 

 

 

 

 

 

 

 

 

 

Basic: weighted-average shares outstanding

 

 

136,945,134

 

 

139,560,305

 

 

139,487,762

 

Add: weighted-average equity-based awards

 

 

166,286

 

 

96,688

 

 

4,846

 

Diluted: weighted-average shares outstanding

 

 

137,111,420

 

 

139,656,993

 

 

139,492,608

 

 

 

 

 

 

 

 

 

 

 

 

Basic earnings per share

 

$

1.93

 

$

1.32

 

$

1.65

 

Diluted earnings per share

 

$

1.93

 

$

1.32

 

$

1.65