| Earnings Per Share |
Note 9 – Earnings Per Share
The details of the computation of basic and diluted earnings per
common share are as follows:
|
|
|
|
|
|
|
|
|
| |
|
Three Months Ended
March 31, |
|
| (dollars in thousands, except for per share
data) |
|
2016 |
|
|
2015 |
|
|
Net income
|
|
$ |
37,333 |
|
|
$ |
30,046 |
|
|
|
|
|
Basic weighted average number of shares outstanding
|
|
|
196,217,311 |
|
|
|
195,745,670 |
|
|
Dilutive effect of stock options
|
|
|
1,943,154 |
|
|
|
2,028,180 |
|
|
|
|
|
|
|
|
|
|
|
Diluted weighted average number of shares outstanding
|
|
|
198,160,465 |
|
|
|
197,773,850 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Basic net income per common share
|
|
$ |
0.19 |
|
|
$ |
0.15 |
|
|
Diluted net income per common share
|
|
$ |
0.19 |
|
|
$ |
0.15 |
|
|
Anti-dilutive shares excluded from diluted earnings per share
computation
|
|
|
102,990 |
|
|
|
— |
|
|
Note 12 – Earnings Per Share
The details of the computation of basic and diluted earnings per
common share are as follows:
|
|
|
|
|
|
|
|
|
|
|
|
|
| (dollars in thousands, except
for share data) |
|
Twelve months
ended December 31, |
|
| |
2015 |
|
|
2014 |
|
|
2013 |
|
|
Net income
|
|
$ |
89,388 |
|
|
$ |
101,931 |
|
|
$ |
78,236 |
|
|
Basic weighted average number of shares outstanding
|
|
|
195,933,800 |
|
|
|
195,735,309 |
|
|
|
195,619,943 |
|
|
Dilutive effect of stock options
|
|
|
2,113,653 |
|
|
|
2,117,623 |
|
|
|
939,141 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Diluted weighted average number of shares outstanding
|
|
|
198,047,453 |
|
|
|
197,852,932 |
|
|
|
196,559,084 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Basic net income per common share
|
|
$ |
0.46 |
|
|
$ |
0.52 |
|
|
$ |
0.40 |
|
|
Diluted net income per common share
|
|
$ |
0.45 |
|
|
$ |
0.52 |
|
|
$ |
0.40 |
|
|
Anti-dilutive shares excluded from diluted earnings per share
computation
|
|
|
49,795 |
|
|
|
— |
|
|
|
96,096 |
|
|