| Schedule of computation of basic and diluted earnings per share |
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Three Months Ended
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Nine Months Ended
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September 30,
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September 30,
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September 30,
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September 30,
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2015
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2014
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2015
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2014
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Basic earnings per common share
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Net income
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$
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15,548
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$
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10,762
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$
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29,035
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$
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26,930
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Less income allocated to participating securities
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214
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155
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405
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397
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Net income allocated to common shareholders
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$
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15,334
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$
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10,607
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$
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28,630
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$
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26,533
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Weighted average common shares outstanding
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22,362,787
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22,197,609
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22,314,198
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22,158,690
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$
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0.69
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$
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0.48
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$
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1.28
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$
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1.20
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Earnings per common share assuming dilution
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Net income
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$
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15,548
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$
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10,762
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$
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29,035
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$
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26,930
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Less income allocated to participating securities
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214
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155
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405
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397
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Net income allocated to common shareholders
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$
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15,334
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$
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10,607
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$
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28,630
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$
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26,533
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Weighted average common shares outstanding
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22,362,787
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22,197,609
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22,314,198
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22,158,690
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Incremental shares applicable to stock based compensation
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10,564
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20,443
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15,897
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19,998
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Weighted average common shares assuming dilution
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22,373,351
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22,218,052
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22,330,095
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22,178,688
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$
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0.68
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$
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0.47
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$
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1.27
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$
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1.19
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