NET INCOME PER COMMON SHARE (Tables)

3 Months Ended

Mar. 31, 2022

Earnings Per Share [Abstract]

Calculation of 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 March 31,
(Dollars and amounts in thousands, except per share data)	2022		2021
Net income	$	43,935	$	75,464
Distributed and undistributed earnings allocated to         participating securities	(268)		(640)
Net income attributable to common shareholders	$	43,667	$	74,824
Total weighted average outstanding shares	45,424		47,530
Less: Weighted average participating securities	(282)		(411)
Basic weighted average common shares	45,142		47,119
Dilutive weighted average common stock equivalents	191		296
Diluted weighted average common shares	45,333		47,415
Basic net income per common share	$	0.97	$	1.59
Diluted net income per common share	$	0.96	$	1.58
Anti-dilutive shares	—		3