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EARNINGS PER COMMON SHARE (Tables) | 6 Months Ended
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Jun. 30, 2018
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 six months ended June 30, 2017:
|  | Three Months Ended June 30, 2017 |  | Six Months Ended June 30, 2017
($ in thousands except per share data) |  | Common Stock |  | Class B Common Stock |  | Total |  | Common Stock |  | Class B Common Stock |  | Total
Income from continuing operations |  | $ | 15,054 |  |  | $ | 84 |  |  | $ | 15,138 |  |  | $ | 24,396 |  |  | $ | 118 |  |  | $ | 24,514 |
Less: income allocated to participating securities |  | (12 | ) |  | — |  |  | (12 | ) |  | (174 | ) |  | (1 | ) |  | (175 | )
Less: participating securities dividends |  | (201 | ) |  | (1 | ) |  | (202 | ) |  | (403 | ) |  | (2 | ) |  | (405 | )
Less: preferred stock dividends |  | (5,085 | ) |  | (28 | ) |  | (5,113 | ) |  | (10,177 | ) |  | (49 | ) |  | (10,226 | )
Income from continuing operations allocated to common stockholders |  | 9,756 |  |  | 55 |  |  | 9,811 |  |  | 13,642 |  |  | 66 |  |  | 13,708 |
Income from discontinued operations |  | (2,865 | ) |  | (16 | ) |  | (2,881 | ) |  | 4,920 |  |  | 24 |  |  | 4,944 |
Net income allocated to common stockholders |  | $ | 6,891 |  |  | $ | 39 |  |  | $ | 6,930 |  |  | $ | 18,562 |  |  | $ | 90 |  |  | $ | 18,652 |
Weighted average common shares outstanding |  | 50,010,943 |  |  | 278,647 |  |  | 50,289,590 |  |  | 49,817,624 |  |  | 240,916 |  |  | 50,058,540 |
Dilutive effects of stock units |  | 42,756 |  |  | — |  |  | 42,756 |  |  | 68,664 |  |  | — |  |  | 68,664 |
Dilutive effects of stock options |  | 226,603 |  |  | — |  |  | 226,603 |  |  | 207,397 |  |  | — |  |  | 207,397 |
Dilutive effects of warrants |  | 383,375 |  |  | — |  |  | 383,375 |  |  | 401,497 |  |  | — |  |  | 401,497 |
Average shares and dilutive common shares |  | 50,663,677 |  |  | 278,647 |  |  | 50,942,324 |  |  | 50,495,182 |  |  | 240,916 |  |  | 50,736,098 |
Basic earnings per common share |  |  |  |  |  |  |  |  |  |  |  |
Income from continuing operations |  | $ | 0.20 |  |  | $ | 0.20 |  |  | $ | 0.20 |  |  | $ | 0.27 |  |  | $ | 0.27 |  |  | $ | 0.27 |
Income from discontinued operations |  | (0.06 | ) |  | (0.06 | ) |  | (0.06 | ) |  | 0.10 |  |  | 0.10 |  |  | 0.10 |
Net income |  | $ | 0.14 |  |  | $ | 0.14 |  |  | $ | 0.14 |  |  | $ | 0.37 |  |  | $ | 0.37 |  |  | $ | 0.37 |
Diluted earnings per common share |  |  |  |  |  |  |  |  |  |  |  |
Income from continuing operations |  | $ | 0.20 |  |  | $ | 0.20 |  |  | $ | 0.20 |  |  | $ | 0.27 |  |  | $ | 0.27 |  |  | $ | 0.27 |
Income from discontinued operations |  | (0.06 | ) |  | (0.06 | ) |  | (0.06 | ) |  | 0.10 |  |  | 0.10 |  |  | 0.10 |
Net income |  | $ | 0.14 |  |  | $ | 0.14 |  |  | $ | 0.14 |  |  | $ | 0.37 |  |  | $ | 0.37 |  |  | $ | 0.37 |
The following table presents computations of basic and diluted EPS for the three and six months ended June 30, 2018:
|  | Three Months Ended June 30, 2018 |  | Six Months Ended June 30, 2018
($ in thousands except per share data) |  | Common Stock |  | Class B Common Stock |  | Total |  | Common Stock |  | Class B Common Stock |  | Total
Income from continuing operations |  | $ | 13,709 |  |  | $ | 145 |  |  | $ | 13,854 |  |  | $ | 20,713 |  |  | $ | 215 |  |  | $ | 20,928 |
Less: income allocated to participating securities |  | (85 | ) |  | (1 | ) |  | (86 | ) |  | — |  |  | — |  |  | — |
Less: participating securities dividends |  | (201 | ) |  | (2 | ) |  | (203 | ) |  | (402 | ) |  | (4 | ) |  | (406 | )
Less: preferred stock dividends |  | (5,059 | ) |  | (54 | ) |  | (5,113 | ) |  | (10,121 | ) |  | (105 | ) |  | (10,226 | )
Income from continuing operations allocated to common stockholders |  | 8,364 |  |  | 88 |  |  | 8,452 |  |  | 10,190 |  |  | 106 |  |  | 10,296 |
Income from discontinued operations |  | 916 |  |  | 10 |  |  | 926 |  |  | 2,385 |  |  | 25 |  |  | 2,410 |
Net income allocated to common stockholders |  | $ | 9,280 |  |  | $ | 98 |  |  | $ | 9,378 |  |  | $ | 12,575 |  |  | $ | 131 |  |  | $ | 12,706 |
Weighted average common shares outstanding |  | 50,062,442 |  |  | 530,987 |  |  | 50,593,429 |  |  | 50,072,385 |  |  | 519,610 |  |  | 50,591,995 |
Dilutive effects of stock units |  | 211,380 |  |  | — |  |  | 211,380 |  |  | 153,029 |  |  | — |  |  | 153,029 |
Dilutive effects of stock options |  | 40,561 |  |  | — |  |  | 40,561 |  |  | 44,082 |  |  | — |  |  | 44,082 |
Dilutive effects of warrants |  | 73,721 |  |  | — |  |  | 73,721 |  |  | 111,781 |  |  | — |  |  | 111,781 |
Average shares and dilutive common shares |  | 50,388,104 |  |  | 530,987 |  |  | 50,919,091 |  |  | 50,381,277 |  |  | 519,610 |  |  | 50,900,887 |
Basic earnings per common share |  |  |  |  |  |  |  |  |  |  |  |
Income from continuing operations |  | $ | 0.17 |  |  | $ | 0.17 |  |  | $ | 0.17 |  |  | $ | 0.20 |  |  | $ | 0.20 |  |  | $ | 0.20 |
Income from discontinued operations |  | 0.02 |  |  | 0.02 |  |  | 0.02 |  |  | 0.05 |  |  | 0.05 |  |  | 0.05 |
Net income |  | $ | 0.19 |  |  | $ | 0.19 |  |  | $ | 0.19 |  |  | $ | 0.25 |  |  | $ | 0.25 |  |  | $ | 0.25 |
Diluted earnings per common share |  |  |  |  |  |  |  |  |  |  |  |
Income from continuing operations |  | $ | 0.16 |  |  | $ | 0.17 |  |  | $ | 0.16 |  |  | $ | 0.20 |  |  | $ | 0.20 |  |  | $ | 0.20 |
Income from discontinued operations |  | 0.02 |  |  | 0.02 |  |  | 0.02 |  |  | 0.05 |  |  | 0.05 |  |  | 0.05 |
Net income |  | $ | 0.18 |  |  | $ | 0.19 |  |  | $ | 0.18 |  |  | $ | 0.25 |  |  | $ | 0.25 |  |  | $ | 0.25 |

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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://fasb.org/us-gaap/role/ref/legacyRef -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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