XML 42 R29.htm IDEA: XBRL DOCUMENT

Net Income per Common Share (Tables)

6 Months Ended

Jun. 30, 2020

Net Income per Common Share

Schedule of calculation of net income per common share

The calculation of net income per common share for the three and six months ended June 30, 2020 and 2019 (unaudited) was as follows:


		Three Months Ended June 30,						Six Months Ended June 30,
(dollars and shares in thousands, except per share data)		2020			2019			2020			2019
Basic:
Net income		$	28,856		$	37,243		$	51,979		$	70,992
Average common shares outstanding			32,225			34,540			32,537			34,511
Basic net income per common share		$	0.90		$	1.08		$	1.60		$	2.06

Diluted:
Net income		$	28,856		$	37,243		$	51,979		$	70,992
Average common shares outstanding			32,225			34,540			32,537			34,511
Adjustment for common share equivalents			16			25			24			38
Average common shares outstanding-diluted			32,241			34,565			32,561			34,549
Diluted net income per common share		$	0.90		$	1.08		$	1.60		$	2.05

Anti-dilutive shares			49			2			26			19