EARNINGS PER SHARE

9 Months Ended

Sep. 30, 2018

Earnings Per Share [Abstract]

EARNINGS PER SHARE

3. EARNINGS PER SHARE

The following table shows the computation of basic and diluted earnings per share:

	Three Months Ended September 30,				Nine Months Ended September 30,
(Dollars and shares in thousands, except per share data)	2018		2017		2018		2017
Numerator:
Net income	$	38,935	$	20,569	$	105,025	$	60,076
Denominator:
Weighted average basic shares	31,800		31,420		31,599		31,424
Dilutive potential common shares	548		848		663		856
Weighted average fully diluted shares	$	32,348	$	32,268	$	32,262	$	32,280
Earnings per share:
Basic	$	1.22	$	0.65	$	3.32	$	1.91
Diluted	$	1.20	$	0.64	$	3.26	$	1.86
Outstanding common stock equivalents having no dilutive effect	11		—		16		5