Earnings Per Share

9 Months Ended

Sep. 30, 2019

EARNINGS PER SHARE

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


	Three Months Ended September 30,						Nine Months Ended September 30,
(amounts in thousands, except share and per share data)	2019		2018		2019		2018


Net income available to common shareholders	$	23,451	$	2,414	$	40,957	$	42,989

Weighted-average number of common shares outstanding - basic	31,223,777		31,671,122		31,142,400		31,554,407
Share-based compensation plans	420,951		601,622		438,629		750,573
Warrants	—		4,846		—		7,475
Weighted-average number of common shares - diluted	31,644,728		32,277,590		31,581,029		32,312,455



Basic earnings per common share	$	0.75	$	0.08	$	1.32	$	1.36


Diluted earnings per common share	$	0.74	$	0.07	$	1.30	$	1.33

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 either the performance conditions for certain of the share-based compensation awards have not been met or to do so would have been anti-dilutive for the periods presented.


	Three Months Ended September 30,			Nine Months Ended September 30,
	2019	2018	2019	2018
Share-based compensation awards	2,181,195	1,787,670	2,233,160	1,105,287