XML 41 R30.htm IDEA: XBRL DOCUMENT v3.8.0.1
Earnings Per Share (Tables)
3 Months Ended
Mar. 31, 2018
Computation of Basic and Diluted Earnings Per Share

The following table sets forth the computation of basic and diluted earnings per share:

 

     Quarters Ended March 31,  
(Dollars in thousands, except share and per share data)    2018      2017  

Net income

   $ 5,701      $ 12,282  
  

 

 

    

 

 

 

Basic earnings per share:

     

Weighted average shares outstanding – basic

     14,055,022        17,316,015  
  

 

 

    

 

 

 

Net income per share

   $ 0.41      $ 0.71  
  

 

 

    

 

 

 

Diluted earnings per share:

     

Weighted average shares outstanding – diluted

     14,285,837        17,646,080  
  

 

 

    

 

 

 

Net income per share

   $ 0.40      $ 0.70  
  

 

 

    

 

 

 
Reconciliation of Weighted Average Shares for Basic and Diluted Earnings Per Share

A reconciliation of weighted average shares for basic earnings per share to weighted average shares for diluted earnings per share is as follows:

 

     Quarters Ended March 31,  
     2018      2017  

Weighted average shares for basic earnings per share

     14,055,022        17,316,015  

Non-vested restricted stock

     68,782        136,380  

Options

     162,033        193,685  
  

 

 

    

 

 

 

Weighted average shares for diluted earnings per share

     14,285,837        17,646,080