Annual report pursuant to Section 13 and 15(d)

EARNINGS PER SHARE

v3.8.0.1
EARNINGS PER SHARE
 12 Months Ended
Dec. 31, 2017
Earnings Per Share [Abstract]  
EARNINGS PER SHARE
EARNINGS PER SHARE
 
Basic EPS is computed by dividing net income available to common shareholders by the weighted average number of common shares outstanding during the period. Diluted EPS is computed using the weighted average number of common shares outstanding during the period, including the effect of dilutive potential common shares outstanding attributable to stock awards.
 
The following is a reconciliation of the denominators of the basic and diluted EPS computations for the years ended December 31, 2017, 2016, and 2015 (in thousands except per share data):
 
 
Net Income
(Numerator)
 
Weighted Average
Shares
(Denominator)
 
Per Share
Amount
For the Year Ended December 31, 2017
 

 
 

 
 

Basic EPS
$
72,923

 
43,699

 
$
1.67

Effect of dilutive stock awards
—

 
81

 
—

Diluted EPS
$
72,923

 
43,780

 
$
1.67

For the Year Ended December 31, 2016
 

 
 

 
 
Basic EPS
$
77,476

 
43,784

 
$
1.77

Effect of dilutive stock awards
—

 
106

 
—

Diluted EPS
$
77,476

 
43,890

 
$
1.77

For the Year Ended December 31, 2015
 

 
 

 
 
Basic EPS
$
67,079

 
45,055

 
$
1.49

Effect of dilutive stock awards
—

 
84

 
—

Diluted EPS
$
67,079

 
45,139

 
$
1.49