XML 29 R17.htm IDEA: XBRL DOCUMENT v3.5.0.2
Note 9 - Net Income Per Common Share
 9 Months Ended
Sep. 30, 2016
Notes to Financial Statements  
Earnings Per Share [Text Block]
Note
9
.
Net Income per Common Share
 
The calculation of net income per common share for the three and nine months ended September 30, 2016 and 2015 was as follows.
 
 
  
Three Months Ended September 30,
    
Nine Months Ended September 30,
  
(dollars and shares in thousands, except per share data)
 
2016
    
2015
    
2016
    
2015
  
Basic:
                                
Net income available to common shareholders
   $ 24,523     $ 21,283     $ 71,990     $ 61,280  
Average common shares outstanding
     33,591       33,401       33,566       32,625  
Basic net income per common share
   $ 0.73     $ 0.64     $ 2.14     $ 1.88  
                                 
Diluted:
                                
Net income available to common shareholders
   $ 24,523     $ 21,283     $ 71,990     $ 61,280  
Average common shares outstanding
     33,591       33,401       33,566       32,625  
Adjustment for common share equivalents
     598       625       596       653  
Average common shares outstanding-diluted
     34,189       34,026       34,162       33,278  
Diluted net income per common share
   $ 0.72     $ 0.63     $ 2.11     $ 1.84  
                                 
Anti-dilutive shares
     8.0       -       8.0       11.0