Quarterly report pursuant to Section 13 or 15(d)

EARNINGS PER SHARE (Tables)

v3.19.2
EARNINGS PER SHARE (Tables)
6 Months Ended
Jun. 30, 2019
Earnings Per Share [Abstract]  
Reconciliation of the Denominators of the Basic and Diluted EPS Computations

The following table presents EPS from continuing operations, discontinued operations and total net income available to common shareholders for the three and six months ended June 30, 2019 and 2018 (dollars in thousands except per share data):

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​

​

​

​

​

​

​

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Three Months Ended

    

Six Months Ended

​

​

June 30, 

​

June 30, 

​

​

2019

​

2018

​

2019

​

2018

Net Income:

​

​

​

​

​

​

​

​

​

​

​

​

Income from continuing operations

​

$

48,908

​

$

49,800

​

$

84,623

​

$

66,374

Income (loss) from discontinued operations

​

 

(85)

​

 

(2,473)

​

 

(170)

​

 

(2,408)

Net income available to common shareholders

​

$

48,823

​

$

47,327

​

$

84,453

​

$

63,966

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​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

Weighted average shares outstanding, basic

​

 

82,062

​

 

65,919

​

 

79,283

​

 

65,738

Dilutive effect of stock awards and warrants

​

 

63

​

 

47

​

 

62

​

 

64

Weighted average shares outstanding, diluted

​

 

82,125

​

 

65,966

​

 

79,345

​

 

65,802

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​

​

​

​

​

​

​

​

​

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​

​

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Basic EPS:

​

 

  

​

 

  

​

 

  

​

 

  

EPS from continuing operations

​

$

0.59

​

$

0.76

​

$

1.06

​

$

1.01

EPS from discontinued operations

​

 

—

​

 

(0.04)

​

 

—

​

 

(0.04)

EPS available to common shareholders

​

$

0.59

​

$

0.72

​

$

1.06

​

$

0.97

​

​

​

​

​

​

​

​

​

​

​

​

​

Diluted EPS:

​

 

  

​

 

  

​

 

  

​

 

  

EPS from continuing operations

​

$

0.59

​

$

0.75

​

$

1.06

​

$

1.01

EPS from discontinued operations

​

 

—

​

 

(0.03)

​

 

—

​

 

(0.04)

EPS available to common shareholders

​

$

0.59

​

$

0.72

​

$

1.06

​

$

0.97

​