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Earnings Per Share (Tables)
12 Months Ended
Dec. 31, 2015
Earnings Per Share  
Schedule of Earnings Per Share

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

    

2015

    

2014

  

2013

Basic earnings per share:

 

 

 

 

 

 

 

 

 

Weighted-average common shares outstanding

 

 

29,476,821

 

 

25,300,909

 

 

13,939,919

Weighted-average common shares less stock based awards

 

 

29,476,821

 

 

25,298,813

 

 

13,896,893

Weighted-average common shares stock based awards

 

 

 -

 

 

201,558

 

 

209,140

Net income

 

$

15,385

 

$

10,136

 

$

82,085

Gain on preferred stock redemption

 

 

 -

 

 

(1,348)

 

 

 -

Preferred stock dividends and accretion, net of dividends waived

 

 

1,873

 

 

(371)

 

 

5,258

Net earnings available to common stockholders

 

 

13,512

 

 

11,855

 

 

76,827

Basic earnings per share common undistributed earnings

 

 

N/A

 

 

0.46

 

 

5.45

Basic earnings per share

 

 

0.46

 

 

0.46

 

 

5.45

Diluted earnings per share:

 

 

 

 

 

 

 

 

 

Weighted-average common shares outstanding

 

 

29,476,821

 

 

25,300,909

 

 

13,939,919

Dilutive effect of nonvested restricted awards1

 

 

253,253

 

 

248,284

 

 

166,114

Diluted average common shares outstanding

 

 

29,730,074

 

 

25,549,193

 

 

14,106,033

Net earnings available to common stockholders

 

$

13,512

 

$

11,855

 

$

76,827

Diluted earnings per share

 

$

0.46

 

$

0.46

 

$

5.45

 

 

 

 

 

 

 

 

 

 

Number of antidilutive options and warrants excluded from the diluted earnings per share calculation

 

 

977,839

 

 

1,044,339

 

 

1,140,839

 

 

 

 

 

 

 

 

 

 

1 Includes the common stock equivalents for restricted share rights that are dilutive.