XML 44 R33.htm IDEA: XBRL DOCUMENT v3.5.0.2
EARNINGS PER COMMON SHARE (Tables)
6 Months Ended
Jun. 30, 2016
Earnings Per Share [Abstract]  
Computation of Basic and Diluted Earnings Per Share
The following table sets forth the computation of basic and diluted earnings per share:
 
 
Three months ended
 
Six months ended
 
 
June 30,
 
June 30,
(Dollars in thousands, except per share data)
 
2016
 
2015
 
2016
 
2015
Numerator
 
 
 
 
 
 
 
 
Net income available to common shareholders
 
$
22,568

 
$
18,949

 
$
42,382

 
$
36,570

 
 
 
 
 
 
 
 
 
Denominator
 
 
 
 
 
 
 
 
Basic earnings per common share - weighted average shares
 
61,194,254

 
61,115,802

 
61,115,525

 
61,064,928

Effect of dilutive securities
 
 
 
 
 
 
 
 
Employee stock awards
 
763,206

 
645,680

 
734,493

 
606,962

Warrants
 
69,548

 
153,812

 
62,348

 
152,216

Diluted earnings per common share - adjusted weighted average shares
 
62,027,008

 
61,915,294

 
61,912,366

 
61,824,106

 
 
 
 
 
 
 
 
 
Earnings per share available to common shareholders
 
 

 
 

 
 
 
 
Basic
 
$
0.37

 
$
0.31

 
$
0.69

 
$
0.60

Diluted
 
$
0.36

 
$
0.31

 
$
0.68

 
$
0.59