Schedule of computation of basic and diluted earnings per share |
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2015
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2014
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2013
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Basic earnings per common share
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Net income
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$
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44,176
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$
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39,961
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$
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11,639
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Less income allocated to participating securities
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|
604
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|
|
609
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|
|
179
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Net income allocated to common shareholders
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$
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43,572
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$
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39,352
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$
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11,460
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Weighted average common shares outstanding
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22,329,044
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22,168,500
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22,029,374
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$
|
1.95
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$
|
1.78
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$
|
0.52
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Earnings per common share assuming dilution
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|
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Net income
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$
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44,176
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$
|
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
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|
22,329,044
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|
|
22,168,500
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|
|
22,029,374
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Incremental shares applicable to stock based compensation
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12,731
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20,346
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37,800
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Weighted average common shares assuming dilution
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22,341,775
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22,188,846
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|
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22,067,174
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$
|
1.94
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$
|
1.77
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$
|
0.51
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