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Earnings Per Common Share (Tables)
3 Months Ended
Mar. 31, 2015
Earnings Per Share [Abstract]  
Basic and Diluted Earnings Per Common Share
The following table presents a reconciliation of net income available to common shareholders, net earnings allocated to common stock and the number of shares used in the calculation of basic and diluted earnings per common share.
 
Three Months Ended 
 March 31,
 
2015
 
2014
Net income
$
72,163

 
$
61,188

Less: Preferred stock dividends
2,016

 
2,016

Net income available to common shareholders
70,147

 
59,172

Less: Earnings allocated to participating securities
237

 
226

Net earnings allocated to common stock
$
69,910

 
$
58,946

 
 
 
 
Distributed earnings allocated to common stock
$
32,179

 
$
30,371

Undistributed earnings allocated to common stock
37,731

 
28,575

Net earnings allocated to common stock
$
69,910

 
$
58,946

 
 
 
 
Weighted-average shares outstanding for basic earnings per common share
63,094,391

 
60,701,280

Dilutive effect of stock compensation
685,043

 
886,260

Weighted-average shares outstanding for diluted earnings per common share
63,779,434

 
61,587,540