EARNINGS PER SHARE

The following are the components and results of Customers' earnings per common share calculations for the periods presented.



	Three Months Ended June 30,						Six Months Ended June 30,
	2017			2016			2017			2016
(amounts in thousands, except share and per share data)
Net income from continuing operations available to common shareholders (1)	$	25,337		$	19,712		$	48,647		$	37,734
Net loss from discontinued operations	(5,230		)	(2,291		)	(6,407		)	(3,415		)
Net income available to common shareholders	$	20,107		$	17,421		$	42,240		$	34,319

Weighted-average number of common shares outstanding - basic	30,641,554			27,080,676			30,524,955			27,012,869
Share-based compensation plans	1,910,634			2,123,745			2,129,773			2,077,219
Warrants	17,464			299,908			27,318			303,769
Weighted-average number of common shares - diluted	32,569,652			29,504,329			32,682,046			29,393,857

Basic earnings per common share from continuing operations	$	0.83		$	0.73		$	1.59		$	1.40
Basic loss per common share from discontinued operations	$	(0.17	)	$	(0.09	)	$	(0.21	)	$	(0.13	)
Basic earnings per common share	$	0.66		$	0.64		$	1.38		$	1.27
Diluted earnings per common share from continuing operations	$	0.78		$	0.67		$	1.49		$	1.28
Diluted loss per common share from discontinued operations	$	(0.16	)	$	(0.08	)	$	(0.20	)	$	(0.11	)
Diluted earnings per common share	$	0.62		$	0.59		$	1.29		$	1.17

(1) Net income from continuing operations, net of preferred stock dividends

The following is a summary of securities that could potentially dilute basic earnings per common share in future periods that were not included in the computation of diluted earnings per common share because to do so would have been anti-dilutive for the periods presented.



	Three Months Ended June 30,		Six Months Ended June 30,
	2017	2016	2017	2016
Anti-dilutive securities:
Share-based compensation awards	288,325	616,995	282,725	616,995
Warrants	52,242	52,242	52,242	52,242
Total anti-dilutive securities	340,567	669,237	334,967	669,237