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EARNINGS PER SHARE
 9 Months Ended
Sep. 30, 2017
Earnings Per Share [Abstract]  
EARNINGS PER SHARE
16. EARNINGS PER SHARE
 
The following table presents the information used to compute basic and diluted earnings per common share for the periods indicated:
 
 
Three Months Ended
September 30,
 
Nine Months Ended
September 30,
(dollars in thousands, except per share data)
2017
 
2016
 
2017
 
2016
Net income
$
11,812

 
$
11,466

 
$
36,916

 
$
34,784

 
 
 
 
 
 
 
 
Weighted average shares outstanding - basic
30,300,195

 
30,943,756

 
30,526,260

 
31,088,729

Dilutive effect of employee stock options and awards
214,264

 
198,372

 
232,729

 
188,673

Weighted average shares outstanding - diluted
30,514,459

 
31,142,128

 
30,758,989

 
31,277,402

 
 
 
 
 
 
 
 
Basic earnings per common share
$
0.39

 
$
0.37

 
$
1.21

 
$
1.12

Diluted earnings per common share
$
0.39

 
$
0.37

 
$
1.20

 
$
1.11


 
A total of 80 and 8 potentially dilutive shares of common stock have been excluded from the dilutive share calculation for the three and nine months ended September 30, 2017, respectively, as their effect was anti-dilutive, compared to 8,902 and 9,381 potentially dilutive shares of common stock for the three and nine months ended September 30, 2016, respectively.