XML 27 R16.htm IDEA: XBRL DOCUMENT v3.7.0.1
Summary of Significant Accounting Policies (Tables)
 6 Months Ended
Jun. 30, 2017
Accounting Policies [Abstract]  
Reconciliation of shares used to determine net income per share
The reconciliation of shares used to determine net income per share is as follows (dollars in thousands):
 
 
 
Three Months
 
Six Months
 
 
 
ended June 30,
 
ended June 30,
 
 
 
2017
 
2016
 
2017
 
2016
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Net income
 
$
8,525
 
$
4,830
 
$
14,259
 
$
7,774
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Weighted average number of shares - basic
 
 
41,567,848
 
 
33,128,518
 
 
41,537,894
 
 
33,008,588
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Shares underlying warrants
 
 
-
 
 
156,244
 
 
-
 
 
129,351
 
Shares underlying options
 
 
1,982,378
 
 
985,575
 
 
1,953,020
 
 
907,186
 
Weighted average number of shares outstanding – diluted
 
 
43,550,226
 
 
34,270,337
 
 
43,490,914
 
 
34,045,125