Quarterly report pursuant to Section 13 or 15(d)

EARNINGS PER SHARE (Tables)

v3.19.3
EARNINGS PER SHARE (Tables)
9 Months Ended
Sep. 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 nine months ended September 30, 2019 and 2018 (dollars in thousands except per share data):

Three Months Ended

    

Nine Months Ended

September 30, 

September 30, 

2019

2018

2019

2018

Net Income:

Income from continuing operations

$

53,196

$

38,762

$

137,820

$

105,136

Income (loss) from discontinued operations

 

42

 

(565)

 

(128)

 

(2,973)

Net income available to common shareholders

$

53,238

$

38,197

$

137,692

$

102,163

Weighted average shares outstanding, basic

 

81,769

 

65,975

 

80,121

 

65,818

Dilutive effect of stock awards and warrants

 

64

 

38

 

63

 

55

Weighted average shares outstanding, diluted

 

81,833

 

66,013

 

80,184

 

65,873

Basic EPS:

 

  

 

  

 

  

 

  

EPS from continuing operations

$

0.65

$

0.59

$

1.72

$

1.60

EPS from discontinued operations

 

 

(0.01)

 

 

(0.05)

EPS available to common shareholders

$

0.65

$

0.58

$

1.72

$

1.55

Diluted EPS:

 

  

 

  

 

  

 

  

EPS from continuing operations

$

0.65

$

0.59

$

1.72

$

1.60

EPS from discontinued operations

 

 

(0.01)

 

 

(0.05)

EPS available to common shareholders

$

0.65

$

0.58

$

1.72

$

1.55