XML 54 R18.htm IDEA: XBRL DOCUMENT v3.19.3
NET INCOME PER COMMON SHARE
9 Months Ended
Sep. 30, 2019
Earnings Per Share [Abstract]  
NET INCOME PER COMMON SHARE

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)

 

2019

 

2018

 

2019

 

2018

Net income

 

$

29,383

 

$

29,234

 

$

87,976

 

$

75,298

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic:

 

 

 

 

 

 

 

 

 

 

 

 

Basic weighted average EPS shares

 

 

35,850

 

 

35,723

 

 

35,829

 

 

35,699

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic net income per share

 

$

0.82

 

$

0.82

 

$

2.46

 

$

2.11

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Diluted:

 

 

 

 

 

 

 

 

 

 

 

 

Basic weighted average EPS shares

 

 

35,850

 

 

35,723

 

 

35,829

 

 

35,699

Dilutive common stock equivalents

 

 

50

 

 

21

 

 

50

 

 

23

 

Dilutive EPS shares

 

 

35,900

 

 

35,744

 

 

35,879

 

 

35,722

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Diluted net income per share

 

$

0.82

 

$

0.82

 

$

2.45

 

$

2.11

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Anti-dilutive shares

 

 

8

 

 

6

 

 

10

 

 

6