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Earnings Per Share (Tables)
12 Months Ended
Dec. 31, 2015
Earnings Per Share  
Reconciliation of the basic and diluted earnings per share computations

 

        The following is a reconciliation of the basic and diluted earnings per share computations (dollars in thousands, except per share amounts):

                                                                                                                                                                                    

 

 

2015

 

2014

 

2013

 

Net income for basic and diluted earnings per share

 

$

91,570 

 

$

50,892 

 

$

31,085 

 

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Shares of common stock and common stock equivalents:

 

 

 

 

 

 

 

 

 

 

Weighted average shares—basic

 

 

33,907 

 

 

35,349 

 

 

36,788 

 

Effect of dilutive securities

 

 

908 

 

 

1,016 

 

 

1,326 

 

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Weighted average shares—diluted

 

 

34,815 

 

 

36,365 

 

 

38,114 

 

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Earnings per share:

 

 

 

 

 

 

 

 

 

 

Basic

 

$

2.70 

 

$

1.44 

 

$

0.84 

 

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Diluted

 

$

2.63 

 

$

1.40 

 

$

0.82 

 

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