Quarterly report pursuant to Section 13 or 15(d)

EARNINGS PER SHARE (Tables)

v3.20.2
EARNINGS PER SHARE (Tables)
6 Months Ended
Jun. 30, 2020
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, 2020 and 2019 (dollars in thousands except per share data):

Three Months Ended

Six Months Ended

June 30, 

June 30, 

2020

2019

2020

2019

Net Income:

Income from continuing operations

$

30,709

$

48,908

$

37,798

$

84,623

Income (loss) from discontinued operations

 

 

(85)

 

 

(170)

Net income available to common shareholders

$

30,709

$

48,823

$

37,798

$

84,453

Weighted average shares outstanding, basic

 

78,712

 

82,062

 

79,001

 

79,283

Dilutive effect of stock awards and warrants

 

11

 

63

 

19

 

62

Weighted average shares outstanding, diluted

 

78,723

 

82,125

 

79,020

 

79,345

Basic EPS:

 

  

 

  

 

  

 

  

EPS from continuing operations

$

0.39

$

0.59

$

0.48

$

1.06

EPS from discontinued operations

 

 

 

 

EPS available to common shareholders

$

0.39

$

0.59

$

0.48

$

1.06

Diluted EPS:

 

  

 

  

 

  

 

  

EPS from continuing operations

$

0.39

$

0.59

$

0.48

$

1.06

EPS from discontinued operations

 

 

 

 

EPS available to common shareholders

$

0.39

$

0.59

$

0.48

$

1.06