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Net Income per Common Share (Tables)
12 Months Ended
Dec. 31, 2019
Net Income 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)

    

2019

    

2018

    

2017

Basic:

 

  

 

  

 

  

Net income

$

142,943

$

152,276

$

100,232

Average common shares outstanding

 

34,179

 

34,306

 

34,139

Basic net income per common share

$

4.18

$

4.44

$

2.94

Diluted:

 

  

 

  

 

  

Net income

$

142,943

$

152,276

$

100,232

Average common shares outstanding

 

34,179

 

34,306

 

34,139

Adjustment for common share equivalents

 

32

 

137

 

182

Average common shares outstanding-diluted

 

34,211

 

34,443

 

34,321

Diluted net income per common share

$

4.18

$

4.42

$

2.92

Anti-dilutive shares

 

2