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EARNINGS PER SHARE | 12 Months Ended
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Dec. 31, 2019
Earnings Per Share [Abstract] |
EARNINGS PER SHARE | Earnings per share consisted of the following components for the years ended December 31:
| 2019 |  | 2018 |  | 2017
| (Dollars in thousands, except per share data)
Net income | $ | 165,175 |  |  | $ | 121,622 |  |  | $ | 87,204 |
Weighted Average Shares |
Basic shares | 32,810,433 |  |  | 27,592,380 |  |  | 27,294,028 |
Effect of dilutive securities | 45,801 |  |  | 61,428 |  |  | 78,076 |
Diluted shares | 32,856,234 |  |  | 27,653,808 |  |  | 27,372,104 |
Net income per share |  |  |  |  |
Basic EPS | $ | 5.03 |  |  | $ | 4.41 |  |  | $ | 3.19 |
Effect of dilutive securities | — |  |  | (0.01 | ) |  | — |
Diluted EPS | $ | 5.03 |  |  | $ | 4.40 |  |  | $ | 3.19 |
For the years ended December 31, 2019 and 2018, there were no options to purchase common stock and no shares of performance-based restricted stock that were excluded from the calculation of diluted earnings per share because they were anti-dilutive. For the year ended December 31, 2017, there were 103 options to purchase common stock and no shares of performance-based restricted stock that were considered anti-dilutive.

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- Definition The entire disclosure for earnings per share. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -URI http://asc.fasb.org/topic&trid=2144383 + Details
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