XML 34 R23.htm IDEA: XBRL DOCUMENT v3.21.2
EARNINGS PER COMMON SHARE
 9 Months Ended
Sep. 30, 2021
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 endedNine months ended
September 30,September 30,
(Dollars in thousands, except per share data)2021202020212020
Numerator  
Net income available to common shareholders$60,012 $41,477 $158,215 $107,498 
Denominator
Weighted average shares outstanding for basic earnings per common share94,289,097 97,247,080 95,752,759 97,400,942 
Effect of dilutive securities
Employee stock awards854,833 761,653 864,841 716,521 
Adjusted weighted average shares for diluted earnings per common share95,143,930 98,008,733 96,617,600 98,117,463 
Earnings per share available to common shareholders  
Basic$0.64 $0.43 $1.65 $1.10 
Diluted$0.63 $0.42 $1.64 $1.10 
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 September 30, 2021 and September 30, 2020.