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Net Income per Common Share (Tables)

12 Months Ended

Dec. 31, 2018

Earnings Per Common Share

Schedule of calculation of net income per common share

The calculation of net income per common share for the years ended December 31 was as follows:

(dollars and shares in thousands, except per share data)		2018				2017				2016
Basic:
Net income		$	152,276			$	100,232			$	97,707
Average common shares outstanding			34,306				34,139				33,587
Basic net income per common share		$	4.44			$	2.94			$	2.91
Diluted:
Net income		$	152,276			$	100,232			$	97,707
Average common shares outstanding			34,306				34,139				33,587
Adjustment for common share equivalents			137				182				594
Average common shares outstanding-diluted			34,443				34,321				34,181
Diluted net income per common share		$	4.42			$	2.92			$	2.86
Anti-dilutive shares			—				—				7

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- References

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- Definition

Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-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

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