NET INCOME PER COMMON SHARE

9 Months Ended

Sep. 30, 2015

Note 10 – Net Income per Common Share

The calculation of net income per common share for the periods indicated is presented in the following table:

			Three Months Ended September 30,				Nine Months Ended September 30,
(Dollars and amounts in thousands, except per share data)			2015		2014		2015		2014
Net income			$	10,995	$	11,142	$	32,553	$	29,052

Basic:
Basic weighted average EPS shares				24,526		25,074		24,692		25,045

		Basic net income per share	$	0.45	$	0.44	$	1.32	$	1.16

Diluted:
Basic weighted average EPS shares				24,526		25,074		24,692		25,045
Dilutive common stock equivalents				77		78		87		90
	Dilutive EPS shares			24,603		25,152		24,779		25,135

		Diluted net income per share	$	0.45	$	0.44	$	1.31	$	1.16

Anti-dilutive shares				7		64		8		59