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Earnings Per Share (Tables)
3 Months Ended
Mar. 31, 2017
Earnings Per Share [Abstract]  
Reconciles Numerators and Denominators of Basic Earnings Per Share with Diluted Earnings Per Share
The following table reconciles the numerators and denominators of basic and diluted earnings per share for the periods presented:
 
Three Months Ended March 31,
(in thousands, except shares and per share data)
2017
 
2016
Numerator for Earnings per Share—Basic:

 

Net income
$
18,188

 
$
16,093

Less: Income allocated to participating shares
60

 
41

Net Income Allocated to Shareholders
$
18,128

 
$
16,052

 
 
 
 
Numerator for Earnings per Share—Diluted:

 

Net income
$
18,188

 
$
16,093

Net Income Available to Shareholders
$
18,188

 
$
16,093

 
 
 
 
Denominators for Earnings per Share:

 

Weighted Average Shares Outstanding—Basic
34,690,250

 
34,661,016

Add: Potentially dilutive shares
222,011

 
78,498

Denominator for Treasury Stock Method—Diluted
34,912,261

 
34,739,514

 
 
 
 
Weighted Average Shares Outstanding—Basic
34,690,250

 
34,661,016

Add: Average participating shares outstanding
115,395

 
88,265

Denominator for Two-Class Method—Diluted
34,805,645

 
34,749,281

 
 
 
 
Earnings per share—basic
$
0.52

 
$
0.46

Earnings per share—diluted
$
0.52

 
$
0.46

Warrants considered anti-dilutive excluded from potentially dilutive shares - exercise price $31.53 per share, expires January 2019
447,103

 
517,012

Restricted stock considered anti-dilutive excluded from potentially dilutive shares
79,544

 
81,840