XML 27 R17.htm IDEA: XBRL DOCUMENT v3.21.2
Earnings Per Common Share
 6 Months Ended
Jun. 30, 2021
Earnings Per Share [Abstract]  
Earnings Per Common Share

 


 

Note 9.  Earnings Per Common Share

Earnings per common share is computed using the two-class method.  The following is a reconciliation of the weighted average number of common shares used in the calculation of basic and diluted earnings per common share and antidilutive stock options and restricted stock outstanding for the three and six months ended June 30, 2021, and June 30, 2020:

 

 

 

Three Months Ended

June 30,

 

 

Six Months Ended

June 30,

 

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

 

2021

 

 

2020

 

 

2021

 

 

2020

 

Numerator:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net Income Available to Common Shareholders

 

$

67,533

 

 

$

38,908

 

 

$

127,482

 

 

$

73,650

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Denominator:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted Average Common Shares Outstanding - Basic

 

 

39,902,583

 

 

 

39,703,735

 

 

 

39,865,268

 

 

 

39,692,695

 

Dilutive Effect of Equity Based Awards

 

 

220,322

 

 

 

128,740

 

 

 

231,259

 

 

 

180,639

 

Weighted Average Common Shares Outstanding - Diluted

 

 

40,122,905

 

 

 

39,832,475

 

 

 

40,096,527

 

 

 

39,873,334

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Earnings Per Common Share:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic

 

$

1.69

 

 

$

0.98

 

 

$

3.20

 

 

$

1.86

 

Diluted

 

$

1.68

 

 

$

0.98

 

 

$

3.18

 

 

$

1.85

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Antidilutive Stock Options and Restricted Stock Outstanding

 

 

45,909

 

 

 

113,906

 

 

 

95,389

 

 

 

111,507