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Stockholders' Equity (Tables)
3 Months Ended
Mar. 31, 2016
Equity [Abstract]  
Computation of Basic and Diluted Earnings Per Share

The following table sets forth the computation of basic and diluted earnings per share (in thousands, except share and per share data):

 

     Three Months Ended March 31,  
     2016      2015  

Numerator:

     

Net income available to common shareholders

   $ 23,402       $ 17,553   
  

 

 

    

 

 

 

Denominator:

     

Basic weighted average shares outstanding

     29,697,722         31,683,672   

Effect of dilutive securities:

     

SARs and options

     107,755         240,066   

Restricted stock

     55,253         171,090   
  

 

 

    

 

 

 

Diluted weighted average shares outstanding

     29,860,730         32,094,828   
  

 

 

    

 

 

 

Basic earnings per share

   $ 0.79       $ 0.55   
  

 

 

    

 

 

 

Diluted earnings per share

   $ 0.78       $ 0.55   
  

 

 

    

 

 

 
Antidilutive Securities Excluded from Computation of Earnings Per Share

 The computation of diluted earnings per share excludes the following potentially dilutive securities because the effect would be anti-dilutive:

 

     Three Months Ended March 31,  
     2016      2015  

Stock appreciation rights

     18,523        —