Schedule of computation of basic and diluted earnings (loss) per share |
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2017
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2016
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2015
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Basic earnings per common share
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Net income
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$
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55,324
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$
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39,009
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$
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44,176
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Less income allocated to participating securities
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715
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540
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604
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Net income allocated to common shareholders
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$
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54,609
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$
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38,469
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$
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43,572
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Weighted average common shares outstanding
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22,576,381
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22,480,679
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22,329,044
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$
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2.42
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$
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1.71
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$
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1.95
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Earnings per common share assuming dilution
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Net income
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$
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55,324
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$
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39,009
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$
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44,176
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Less income allocated to participating securities
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715
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540
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|
604
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Net income allocated to common shareholders
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$
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54,609
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$
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38,469
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$
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43,572
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Weighted average common shares outstanding
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22,576,381
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22,480,679
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22,329,044
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Incremental shares applicable to stock based compensation
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11,267
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-
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12,731
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Weighted average common shares assuming dilution
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22,587,648
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22,480,679
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22,341,775
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$
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2.40
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$
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1.70
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$
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1.94
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