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Earnings Per Share
6 Months Ended
Jun. 30, 2018
Earnings Per Share [Abstract]  
EARNINGS PER SHARE
The following table reconciles the numerators and denominators of basic and diluted earnings per share for the periods presented:
 
Three Months Ended June 30,
 
Six Months Ended June 30,
(in thousands, except share and per share data)
2018
 
2017
 
2018
 
2017
Numerator for Earnings per Share—Basic:
 

 
 

 
 

 
 

Net income
 
$
21,436

 
 
$
22,765

 
 
$
47,599

 
 
$
40,953

Less: Income allocated to participating shares
 
62

 
 
81

 
 
141

 
 
141

Net Income Allocated to Shareholders
 
$
21,374

 
 
$
22,684

 
 
$
47,458

 
 
$
40,812

 
 
 
 
 
 
 
 
 
 
 
 
Numerator for Earnings per Share—Diluted:
 

 
 

 
 

 
 

Net income
 
$
21,436

 
 
$
22,765

 
 
$
47,599

 
 
$
40,953

Net Income Available to Shareholders
 
$
21,436

 
 
$
22,765

 
 
$
47,599

 
 
$
40,953

 
 
 
 
 
 
 
 
 
 
 
 
Denominators for Earnings per Share:
 

 
 

 
 

 
 

Weighted Average Shares Outstanding—Basic
 
34,793,160

 
 
34,724,925

 
 
34,775,043

 
 
34,707,683

Add: Potentially dilutive shares
 
264,416

 
 
181,571

 
 
267,998

 
 
199,693

Denominator for Treasury Stock Method—Diluted
 
35,057,576

 
 
34,906,496

 
 
35,043,041

 
 
34,907,376

 
 
 
 
 
 
 
 
 
 
 
 
Weighted Average Shares Outstanding—Basic
 
34,793,160

 
 
34,724,925

 
 
34,775,043

 
 
34,707,683

Add: Average participating shares outstanding
 
100,212

 
 
123,729

 
 
103,449

 
 
119,585

Denominator for Two-Class Method—Diluted
 
34,893,372

 
 
34,848,654

 
 
34,878,492

 
 
34,827,268

 
 
 
 
 
 
 
 
 
 
 
 
Earnings per share—basic
 
$
0.62

 
 
$
0.66

 
 
$
1.37

 
 
$
1.18

Earnings per share—diluted
 
$
0.61

 
 
$
0.65

 
 
$
1.36

 
 
$
1.17

Warrants considered anti-dilutive excluded from potentially dilutive shares - exercise price $31.53 per share, expires January 2019
 
374,314

 
 
466,554

 
 
386,747

 
 
456,749

Restricted stock considered anti-dilutive excluded from potentially dilutive shares
 
89,974

 
 
126,332

 
 
76,325

 
 
105,187