Quarterly report pursuant to Section 13 or 15(d)

Earnings Per Share (Tables)

v3.10.0.1
Earnings Per Share (Tables)
 6 Months Ended
Jun. 30, 2018
Earnings Per Share [Abstract]  
Schedule of Earnings Per Share, Basic and Diluted
The following table is a reconciliation of the components used to derive basic and diluted EPS for the periods indicated:
 
Three Months Ended 
 June 30,
 
Six Months Ended 
 June 30,
 
2018
 
2017
 
2018
 
2017
 
(in thousands, except for share and per share data)
Basic EPS:
 
 
 
 
 
 
 
Net income
$
15,548

 
$
14,457

 
$
30,403

 
$
28,240

Less: income allocated to unvested restricted shares
96

 
93

 
185

 
177

Income allocated to common shares
$
15,452

 
$
14,364

 
$
30,218

 
$
28,063

Weighted-average shares for basic EPS
32,189,096

 
32,078,038

 
32,167,111

 
32,040,113

Basic EPS
$
0.48

 
$
0.45

 
$
0.94

 
$
0.88

 
 
 
 
 
 
 
 
Effect of dilutive securities - options and unvested restricted stock
147,679

 
164,996

 
149,537

 
176,558

 
 
 
 
 
 
 
 
Diluted EPS:

 

 

 

Income allocated to common shares
$
15,452

 
$
14,364

 
$
30,218

 
$
28,063

Weighted-average shares for diluted EPS
32,336,775

 
32,243,034

 
32,316,648

 
32,216,671

Diluted EPS
$
0.48

 
$
0.45

 
$
0.94

 
$
0.87