Quarterly report pursuant to Section 13 or 15(d)

Note 11 - Earnings Per Share

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Note 11 - Earnings Per Share
 9 Months Ended
Sep. 30, 2019
Notes to Financial Statements  
Earnings Per Share [Text Block]
11.
Earnings Per Share
 
The following table presents the calculation of basic and diluted earnings per common share (in thousands, except per share amounts):
 
   
Three Months Ended September 30,
    
Nine Months Ended September 30,
  
   
2019
    
2018
    
2019
    
2018
  
Net income
   $
75,899
     $
46,260
     $
64,527
     $
109,983
  
Less portion allocated to nonvested shares
    
1,345
      
1,860
      
1,272
      
4,489
  
Net income allocated to common shares
   $
74,554
     $
44,400
     $
63,255
     $
105,494
  
Weighted average common shares outstanding
    
140,567
      
138,972
      
140,520
      
138,917
  
                                 
Basic and diluted earnings per common share
   $
0.53
     $
0.32
     $
0.45
     $
0.76