XML 34 R23.htm IDEA: XBRL DOCUMENT
v3.20.2

EARNINGS PER COMMON SHARE | 6 Months Ended
--- | ---
Jun. 30, 2020
Earnings Per Share [Abstract] |
EARNINGS PER COMMON SHARE | EARNINGS PER COMMON SHARE The following table sets forth the computation of basic and diluted earnings per common share:
|  | Three months ended |  |  |  | Six months ended |  |
|  | June 30, |  |  |  | June 30, |  |
(Dollars in thousands, except per share data) |  | 2020 |  | 2019 |  | 2020 |  | 2019
Numerator |  |  |  |  |  |  |  |
Net income available to common shareholders |  | $ | 37,393 |  |  | $ | 52,703 |  |  | $ | 66,021 |  |  | $ | 98,542 |
Denominator |  |  |  |  |  |  |  |
Weighted average shares outstanding for basic earnings per common share |  | 97,220,748 |  |  | 98,083,799 |  |  | 97,478,719 |  |  | 98,005,379 |
Effect of dilutive securities |  |  |  |  |  |  |  |
Employee stock awards |  | 767,852 |  |  | 564,585 |  |  | 693,689 |  |  | 537,568 |
Adjusted weighted average shares for diluted earnings per common share |  | 97,988,600 |  |  | 98,648,384 |  |  | 98,172,408 |  |  | 98,542,947 |
Earnings per share available to common shareholders |  |  |  |  |  |  |  |
Basic |  | $ | 0.38 |  |  | $ | 0.54 |  |  | $ | 0.68 |  |  | $ | 1.01 |
Diluted |  | $ | 0.38 |  |  | $ | 0.53 |  |  | $ | 0.67 |  |  | $ | 1.00 |
Stock options and warrants with exercise prices greater than the average market price of the common shares were not included in the computation of net income per diluted share, as they would have been antidilutive. Using the end of period price of the Company's common shares, there were no antidilutive options at June 30, 2020 and June 30, 2019.

X
- References No definition available. + Details
Name: | us-gaap_EarningsPerShareAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for earnings per share. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=109243012&loc=SL65017193-207537 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -URI http://asc.fasb.org/topic&trid=2144383 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3630-109257 + Details
Name: | us-gaap_EarningsPerShareTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration