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Net income per common share (Tables) | 9 Months Ended
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Sep. 30, 2020
Earnings Per Share |
Computation of Net Income (Loss) Per Common Share ("EPS"), Basic and Diluted |
|  | Quarters ended September 30, | Nine months ended September 30,
(In thousands, except per share information) | 2020 | 2019 | 2020 | 2019
Net income | $ | 168,416 | $ | 165,319 | $ | 330,346 | $ | 504,350
Preferred stock dividends |  | (352) |  | (930) |  | (1,405) |  | (2,792)
Net income applicable to common stock | $ | 168,064 | $ | 164,389 | $ | 328,941 | $ | 501,558
Average common shares outstanding |  | 83,809,272 |  | 96,357,117 |  | 86,567,680 |  | 97,073,177
Average potential dilutive common shares |  | 26,879 |  | 121,210 |  | 78,011 |  | 139,219
Average common shares outstanding - assuming dilution |  | 83,836,151 |  | 96,478,327 |  | 86,645,691 |  | 97,212,396
Basic EPS | $ | 2.01 | $ | 1.71 | $ | 3.80 | $ | 5.17
Diluted EPS | $ | 2.00 | $ | 1.70 | $ | 3.80 | $ | 5.16

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- Definition Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257 + Details
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