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EARNINGS PER COMMON SHARE (Tables) | 9 Months Ended
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Sep. 30, 2017
Earnings Per Share [Abstract] |
Basic and Diluted Earnings Per Common Share | The following table presents computations of basic and diluted EPS for the three and nine months ended September 30, 2017:
| Three Months Ended September 30, 2017 |  | Nine Months Ended September 30, 2017
| Common Stock |  | Class B Common Stock |  | Total |  | Common Stock |  | Class B Common Stock |  | Total
| ($ in thousands, except per share data)
Income from continuing operations | $ | 17,980 |  |  | $ | 128 |  |  | $ | 18,108 |  |  | $ | 42,384 |  |  | $ | 238 |  |  | $ | 42,622 |
Less: income allocated to participating securities | (152 | ) |  | (1 | ) |  | (153 | ) |  | (327 | ) |  | (2 | ) |  | (329 | )
Less: participating securities dividends | (202 | ) |  | (1 | ) |  | (203 | ) |  | (605 | ) |  | (3 | ) |  | (608 | )
Less: preferred stock dividends | (5,076 | ) |  | (36 | ) |  | (5,112 | ) |  | (15,252 | ) |  | (86 | ) |  | (15,338 | )
Income from continuing operations allocated to common stockholders | 12,550 |  |  | 90 |  |  | 12,640 |  |  | 26,200 |  |  | 147 |  |  | 26,347 |
Income from discontinued operations | (1,151 | ) |  | (8 | ) |  | (1,159 | ) |  | 3,764 |  |  | 21 |  |  | 3,785 |
Net income allocated to common stockholders | $ | 11,399 |  |  | $ | 82 |  |  | $ | 11,481 |  |  | $ | 29,964 |  |  | $ | 168 |  |  | $ | 30,132 |
Weighted average common shares outstanding | 50,006,370 |  |  | 355,944 |  |  | 50,362,314 |  |  | 49,881,231 |  |  | 279,697 |  |  | 50,160,928 |
Dilutive effects of stock units | 130,700 |  |  | — |  |  | 130,700 |  |  | 96,899 |  |  | — |  |  | 96,899 |
Dilutive effects of stock options | 147,424 |  |  | — |  |  | 147,424 |  |  | 187,206 |  |  | — |  |  | 187,206 |
Dilutive effects of warrants | 292,920 |  |  | — |  |  | 292,920 |  |  | 365,374 |  |  | — |  |  | 365,374 |
Average shares and dilutive common shares | 50,577,414 |  |  | 355,944 |  |  | 50,933,358 |  |  | 50,530,710 |  |  | 279,697 |  |  | 50,810,407 |
Basic earnings per common share |  |  |  |  |  |  |  |  |  |  |
Income from continuing operations | $ | 0.25 |  |  | $ | 0.25 |  |  | $ | 0.25 |  |  | $ | 0.52 |  |  | $ | 0.52 |  |  | $ | 0.52 |
Income from discontinued operations | (0.02 | ) |  | (0.02 | ) |  | (0.02 | ) |  | 0.08 |  |  | 0.08 |  |  | 0.08 |
Net income | $ | 0.23 |  |  | $ | 0.23 |  |  | $ | 0.23 |  |  | $ | 0.60 |  |  | $ | 0.60 |  |  | $ | 0.60 |
Diluted earnings per common share |  |  |  |  |  |  |  |  |  |  |
Income from continuing operations | $ | 0.25 |  |  | $ | 0.25 |  |  | $ | 0.25 |  |  | $ | 0.52 |  |  | $ | 0.52 |  |  | $ | 0.52 |
Income from discontinued operations | (0.02 | ) |  | (0.02 | ) |  | (0.02 | ) |  | 0.07 |  |  | 0.08 |  |  | 0.07 |
Net income | $ | 0.23 |  |  | $ | 0.23 |  |  | $ | 0.23 |  |  | $ | 0.59 |  |  | $ | 0.60 |  |  | $ | 0.59 |
The following table presents computations of basic and diluted EPS for the three and nine months ended September 30, 2016:
| Three Months Ended September 30, 2016 |  | Nine Months Ended September 30, 2016
| Common Stock |  | Class B Common Stock |  | Total |  | Common Stock |  | Class B Common Stock |  | Total
| ($ in thousands, except per share data)
Income from continuing operations | $ | 25,097 |  |  | $ | 82 |  |  | $ | 25,179 |  |  | $ | 62,102 |  |  | $ | 143 |  |  | $ | 62,245 |
Less: income allocated to participating securities | (732 | ) |  | (2 | ) |  | (734 | ) |  | (1,608 | ) |  | (4 | ) |  | (1,612 | )
Less: participating securities dividends | (185 | ) |  | (1 | ) |  | (186 | ) |  | (557 | ) |  | (1 | ) |  | (558 | )
Less: preferred stock dividends | (5,095 | ) |  | (17 | ) |  | (5,112 | ) |  | (14,767 | ) |  | (34 | ) |  | (14,801 | )
Income from continuing operations allocated to common stockholders | 19,085 |  |  | 62 |  |  | 19,147 |  |  | 45,170 |  |  | 104 |  |  | 45,274 |
Income from discontinued operations | 10,723 |  |  | 35 |  |  | 10,758 |  |  | 19,861 |  |  | 46 |  |  | 19,907 |
Net income allocated to common stockholders | $ | 29,808 |  |  | $ | 97 |  |  | $ | 29,905 |  |  | $ | 65,031 |  |  | $ | 150 |  |  | $ | 65,181 |
Weighted average common shares outstanding | 49,745,563 |  |  | 162,277 |  |  | 49,907,840 |  |  | 45,655,735 |  |  | 105,067 |  |  | 45,760,802 |
Dilutive effects of stock units | 244,354 |  |  | — |  |  | 244,354 |  |  | 213,636 |  |  | — |  |  | 213,636 |
Dilutive effects of stock options | 319,275 |  |  | — |  |  | 319,275 |  |  | 233,045 |  |  | — |  |  | 233,045 |
Dilutive effects of warrants | 525,000 |  |  | — |  |  | 525,000 |  |  | 473,834 |  |  | — |  |  | 473,834 |
Average shares and dilutive common shares | 50,834,192 |  |  | 162,277 |  |  | 50,996,469 |  |  | 46,576,250 |  |  | 105,067 |  |  | 46,681,317 |
Basic earnings per common share |  |  |  |  |  |  |  |  |  |  |
Income from continuing operations | $ | 0.38 |  |  | $ | 0.38 |  |  | $ | 0.38 |  |  | $ | 0.99 |  |  | $ | 0.99 |  |  | $ | 0.99 |
Income from discontinued operations | 0.22 |  |  | 0.22 |  |  | 0.22 |  |  | 0.43 |  |  | 0.43 |  |  | 0.43 |
Net income | $ | 0.60 |  |  | $ | 0.60 |  |  | $ | 0.60 |  |  | $ | 1.42 |  |  | $ | 1.42 |  |  | $ | 1.42 |
Diluted earnings per common share |  |  |  |  |  |  |  |  |  |  |
Income from continuing operations | $ | 0.38 |  |  | $ | 0.38 |  |  | $ | 0.38 |  |  | $ | 0.97 |  |  | $ | 0.99 |  |  | $ | 0.97 |
Income from discontinued operations | 0.21 |  |  | 0.22 |  |  | 0.21 |  |  | 0.43 |  |  | 0.43 |  |  | 0.43 |
Net income | $ | 0.59 |  |  | $ | 0.60 |  |  | $ | 0.59 |  |  | $ | 1.40 |  |  | $ | 1.42 |  |  | $ | 1.40 |

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- Definition Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257 + Details
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