| 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:
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Net Income |
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Weighted-Average Shares |
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Per Share Amount |
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(Numerator) |
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(Denominator) |
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(1) |
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(in thousands, except for share and per share data) |
Three Months Ended March 31, 2019 |
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Basic EPS |
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Net income |
$ |
14,672 |
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30,667,378 |
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$ |
0.48 |
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Less: Income allocated to unvested restricted shares |
79 |
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30,667,378 |
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— |
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Basic EPS |
$ |
14,593 |
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30,667,378 |
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$ |
0.48 |
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Effect of dilutive securities - options and unvested restricted stock |
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53,394 |
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Diluted EPS |
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Net income |
$ |
14,672 |
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30,720,772 |
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$ |
0.48 |
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Less: Income allocated to unvested restricted shares |
79 |
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30,720,772 |
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— |
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Diluted EPS |
$ |
14,593 |
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30,720,772 |
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$ |
0.48 |
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Three Months Ended March 31, 2018 |
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Basic EPS |
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Net income |
$ |
14,855 |
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32,145,214 |
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$ |
0.46 |
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Less: Income allocated to unvested restricted shares |
89 |
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32,145,214 |
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— |
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Basic EPS |
$ |
14,766 |
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32,145,214 |
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$ |
0.46 |
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Effect of dilutive securities - options and unvested restricted stock |
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155,881 |
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Diluted EPS |
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Net income |
$ |
14,855 |
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$ |
32,301,095 |
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$ |
0.46 |
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Less: Income allocated to unvested restricted shares |
89 |
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32,301,095 |
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— |
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Diluted EPS |
$ |
14,766 |
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$ |
32,301,095 |
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$ |
0.46 |
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(1) |
Per share amounts may not be able to be recalculated using net income and weighted-average shares presented above due to rounding. |
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