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EARNINGS PER SHARE | 12 Months Ended
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Dec. 31, 2016
Earnings Per Share [Abstract] |
EARNINGS PER SHARE | Earnings per share consisted of the following components for the years ended December 31:
| 2016 |  | 2015 |  | 2014
| (Dollars in thousands, except per share data)
Net income | $ | 76,648 |  |  | $ | 64,960 |  |  | $ | 59,845 |
Weighted Average Shares |
Basic shares | 26,404,071 |  |  | 25,891,382 |  |  | 23,899,562 |
Effect of dilutive securities | 51,847 |  |  | 68,566 |  |  | 93,815 |
Diluted shares | 26,455,918 |  |  | 25,959,948 |  |  | 23,993,377 |
Net income per share |  |  |  |  |
Basic EPS | $ | 2.90 |  |  | $ | 2.51 |  |  | $ | 2.50 |
Effect of dilutive securities | — |  |  | (0.01 | ) |  | (0.01 | )
Diluted EPS | $ | 2.90 |  |  | $ | 2.50 |  |  | $ | 2.49 |
There were no options to purchase common stock and there were no shares of performance-based restricted stock that were excluded from the calculation of diluted earnings per share because they were anti-dilutive during the years ended December 31, 2016, 2015, and 2014.

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