NET INCOME PER COMMON SHARE (Tables)

12 Months Ended

Dec. 31, 2021

Earnings Per Share [Abstract]

Calculation of Net Income Per Common Share

The calculation of net income per common share for the years ended December 31 is presented in the following table:

(Dollars and amounts in thousands, except per share data)	2021		2020		2019
Net income	$	235,107	$	96,953	$	116,433
Less: Distributed and undistributed earnings allocated to participating securities	(1,508)		(783)		(762)
Net income attributable to common shareholders	$	233,599	$	96,170	$	115,671
Total weighted average outstanding shares	46,995		44,312		35,797
Less: Weighted average participating securities	(304)		(365)		(235)
Basic weighted average common shares	46,691		43,947		35,562
Dilutive weighted average common stock equivalents	208		185		56
Diluted weighted average common shares	46,899		44,132		35,618
Basic net income per common share	$	5.00	$	2.19	$	3.25
Diluted net income per common share	$	4.98	$	2.18	$	3.25
Anti-dilutive shares	—		17		9