Quarterly report pursuant to Section 13 or 15(d)

EARNINGS PER SHARE

v3.8.0.1
EARNINGS PER SHARE
 3 Months Ended
Mar. 31, 2018
Earnings Per Share [Abstract]  
EARNINGS PER SHARE
EARNINGS PER SHARE

Basic EPS is computed by dividing net income available to common stockholders 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 and warrants.
 
The following is a reconciliation of the denominators of the basic and diluted EPS computations for the three months ended March 31, 2018 and 2017 (dollars in thousands except per share data):
 
 
Net Income Available to
Common Stockholders
(Numerator)
 
Weighted
Average
Common Shares
(Denominator)
 
Per Share
Amount
Three months ended March 31, 2018
 

 
 

 
 

Basic
$
16,639

 
65,555

 
$
0.25

Effect of dilutive stock awards and warrants
—

 
81

 
—

Diluted
$
16,639

 
65,636

 
$
0.25

Three months ended March 31, 2017
 

 
 

 
 

Basic
$
19,124

 
43,654

 
$
0.44

Add: potentially dilutive common shares - stock awards
—

 
72

 
—

Diluted
$
19,124

 
43,726

 
$
0.44