XML 30 R16.htm IDEA: XBRL DOCUMENT
v3.5.0.2

Earnings Per Share | 6 Months Ended
--- | ---
Jun. 30, 2016
Earnings Per Share [Abstract] |
Earnings Per Share | 10. Earnings Per Share Basic earnings per share (“EPS”) is based on the weighted average number of common shares outstanding for the period, excluding any dilutive common share equivalents. Diluted EPS reflects the potential dilution resulting from the exercise of stock options, vesting of restricted stock and conversion of preferred stock. The following table reconciles the numerator (i.e., income) and denominator (i.e., shares) of the basic and diluted earnings per share computations for the periods presented (in thousands, except per share data):
| Three Months Ended |  |  | Six Months Ended |
| June 30, |  |  | June 30, |
| 2016 |  |  | 2015 |  |  | 2016 |  |  | 2015 |
Numerator for EPS: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Net income | $ | 33,647 |  |  | $ | 24,704 |  |  | $ | 58,873 |  |  | $ | 47,034 |
Less: Preferred stock dividends |  | (3 | ) |  |  | (3 | ) |  |  | (5 | ) |  |  | (5 | )
Income available to common stockholders | $ | 33,644 |  |  | $ | 24,701 |  |  | $ | 58,868 |  |  | $ | 47,029 |
Denominator for EPS: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Weighted average common shares outstanding |  | 35,062 |  |  |  | 35,019 |  |  |  | 34,795 |  |  |  | 34,800 |
Plus: Assumed conversion of stock-based compensation (1) |  | 562 |  |  |  | 951 |  |  |  | 755 |  |  |  | 1,153 |
Assumed conversion of preferred stock |  | 25 |  |  |  | 32 |  |  |  | 25 |  |  |  | 34 |
Weighted average diluted common shares outstanding |  | 35,649 |  |  |  | 36,002 |  |  |  | 35,575 |  |  |  | 35,987 |
Basic earnings per common share | $ | 0.96 |  |  | $ | 0.71 |  |  | $ | 1.69 |  |  | $ | 1.35 |
Diluted earnings per common share | $ | 0.94 |  |  | $ | 0.69 |  |  | $ | 1.65 |  |  | $ | 1.31 |
(1) | Represents the dilutive effect of unvested restricted stock and unexercised stock options.

X
- References No definition available. + Details
Name: | us-gaap_EarningsPerShareAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for earnings per share. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 45 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=64863997&loc=d3e1278-109256 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (a) -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 45 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=64863997&loc=d3e1252-109256 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 55 -Paragraph 52 -URI http://asc.fasb.org/extlink&oid=65016374&loc=d3e4984-109258 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 225 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03.21) -URI http://asc.fasb.org/extlink&oid=63488584&loc=d3e20235-122688 + Details
Name: | us-gaap_EarningsPerShareTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration