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Net income per common share (Tables) | 12 Months Ended
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Dec. 31, 2020
Earnings Per Share |
Computation of Net Income (Loss) Per Common Share ("EPS"), Basic and Diluted |
(In thousands, except per share information) |  |  | 2020 |  | 2019 |  | 2018
Net income |  | $ | 506,622 | $ | 671,135 | $ | 618,158
Preferred stock dividends |  |  | (1,758) |  | (3,723) |  | (3,723)
Net income applicable to common stock |  | $ | 504,864 | $ | 667,412 | $ | 614,435
Average common shares outstanding |  |  | 85,882,371 |  | 96,848,835 |  | 101,142,258
Average potential dilutive common shares |  |  | 92,888 |  | 148,965 |  | 166,385
Average common shares outstanding - assuming dilution |  |  | 85,975,259 |  | 96,997,800 |  | 101,308,643
Basic EPS |  | $ | 5.88 | $ | 6.89 | $ | 6.07
Diluted EPS |  | $ | 5.87 | $ | 6.88 | $ | 6.06

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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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