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Accounting Policies (Policies) | 9 Months Ended
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Sep. 30, 2017
Accounting Policies [Abstract] |
Earnings Per Share | Basic earnings per share is computed by dividing net income available to common shareholders (net income less dividend requirements for preferred stock and accretion of preferred stock discount) by the weighted-average number of common shares outstanding. Diluted earnings per share reflect the potential dilution that could occur if securities or other contracts to issue common stock were exercised or converted into common stock. The following table shows computation of basic and diluted earnings per share.
|  | Three Months Ended |  |  | Nine Months Ended |
|  | September 30 |  |  | September 30 |
|  | 2017 |  |  | 2016 |  |  | 2017 |  |  | 2016 |
|  | (Unaudited) |  |  | (Unaudited) |  |  | (Unaudited) |  |  | (Unaudited) |
Basic earnings per share |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Net income |  | $ | 8,171 |  |  | $ | 6,602 |  |  | $ | 25,467 |  |  | $ | 18,309 |
Less: Preferred stock dividends |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 42 |
Net income available to common shareholders |  | $ | 8,171 |  |  | $ | 6,602 |  |  | $ | 25,467 |  |  | $ | 18,267 |
Weighted average common shares outstanding(1) |  |  | 22,580,160 |  |  |  | 21,538,752 |  |  |  | 22,326,454 |  |  |  | 19,252,295 |
Basic earnings per share |  | $ | 0.36 |  |  | $ | 0.31 |  |  | $ | 1.14 |  |  | $ | 0.95 |
Diluted earnings per share |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Net income available to common shareholders |  | $ | 8,171 |  |  | $ | 6,602 |  |  | $ | 25,467 |  |  | $ | 18,267 |
Weighted average common shares outstanding(1) |  |  | 22,580,160 |  |  |  | 21,538,752 |  |  |  | 22,326,454 |  |  |  | 19,252,295 |
Effect of dilutive securities: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Restricted stock |  |  | 36,749 |  |  |  | 33,650 |  |  |  | 33,791 |  |  |  | 27,590 |
Stock options |  |  | 98,364 |  |  |  | 79,551 |  |  |  | 95,553 |  |  |  | 66,491 |
Weighted average shares outstanding |  |  | 22,715,273 |  |  |  | 21,651,953 |  |  |  | 22,455,798 |  |  |  | 19,346,376 |
Diluted earnings per share |  | $ | 0.36 |  |  | $ | 0.30 |  |  | $ | 1.13 |  |  | $ | 0.94 |
(1) | Adjusted for 3:2 stock split on November 14, 2016
There were zero shares for the three and nine months ended September 30, 2017 and 2016 which were not included in the computation of diluted earnings per share because they were non-dilutive. Horizon has share-based employee compensation plans, which are described in the notes to the financial statements included in the December 31, 2016 Annual Report on Form 10-K.
Reclassifications | Reclassifications Certain reclassifications have been made to the 2016 condensed consolidated financial statements to be comparable to 2017. These reclassifications had no effect on net income.

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- Definition Disclosure of accounting policy for computing basic and diluted earnings or loss per share for each class of common stock and participating security. Addresses all significant policy factors, including any antidilutive items that have been excluded from the computation and takes into account stock dividends, splits and reverse splits that occur after the balance sheet date of the latest reporting period but before the issuance of the financial statements. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3630-109257 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=84158767&loc=d3e18780-107790 + Details
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- Definition Disclosure of accounting policy for reclassifications that affects the comparability of the financial statements. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6359566&loc=d3e326-107755 + Details
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