Annual report pursuant to Section 13 and 15(d)

Earnings per Share (Tables)

v3.3.1.900
Earnings per Share (Tables)
12 Months Ended
Dec. 31, 2015
Earnings per Share  
Schedule of computation of basic and diluted earnings per share

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2015

 

 

2014

 

 

2013

Basic earnings per common share

 

 

 

 

 

 

 

 

Net income

$

44,176

 

$

39,961

 

$

11,639

Less income allocated to participating securities

 

604

 

 

609

 

 

179

Net income allocated to common shareholders

$

43,572

 

$

39,352

 

$

11,460

Weighted average common shares outstanding

 

22,329,044

 

 

22,168,500

 

 

22,029,374

 

$

1.95

 

$

1.78

 

$

0.52

Earnings per common share assuming dilution

 

 

 

 

 

 

 

 

Net income

$

44,176

 

$

39,961

 

$

11,639

Less income allocated to participating securities

 

604

 

 

609

 

 

179

Net income allocated to common shareholders

$

43,572

 

$

39,352

 

$

11,460

Weighted average common shares outstanding

 

22,329,044

 

 

22,168,500

 

 

22,029,374

Incremental shares applicable to stock based compensation

 

12,731

 

 

20,346

 

 

37,800

Weighted average common shares assuming dilution

 

22,341,775

 

 

22,188,846

 

 

22,067,174

 

$

1.94

 

$

1.77

 

$

0.51