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Earnings per Share ("EPS")
12 Months Ended
Dec. 31, 2019
Earnings per Share ("EPS")

(11) Earnings per Share (“EPS”)

Basic EPS is calculated by dividing net income by the weighted average number of common shares outstanding. The computation of diluted EPS assumes the issuance of common shares for all dilutive potential common shares

outstanding during the reporting period. The calculation of the basic EPS and the diluted EPS for the years ended December 31, 2019, 2018, and 2017 is set forth in the following table:

Net Income

Shares

Per Share

 

(Numerator)

(Denominator)

Amount

 

(Dollars in Thousands,

 

Except Per Share Amounts)

 

December 31, 2019:

    

    

    

    

    

    

Basic EPS

Net income available to common shareholders

$

205,104

 

65,476,606

$

3.13

Potential dilutive common shares and warrants

 

 

209,078

Diluted EPS

$

205,104

 

65,685,684

$

3.12

December 31, 2018:

Basic EPS

Net income available to common shareholders

$

215,931

 

66,106,580

$

3.27

Potential dilutive common shares and warrants

 

 

527,240

Diluted EPS

$

215,931

 

66,633,820

$

3.24

December 31, 2017:

Basic EPS

Net income available to common shareholders

$

157,436

 

66,046,155

$

2.38

Potential dilutive common shares

 

 

732,281

Diluted EPS

$

157,436

 

66,778,436

$

2.36