XML 123 R38.htm IDEA: XBRL DOCUMENT v3.2.0.727
Earnings Per Common Share (Tables)
6 Months Ended
Jun. 30, 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 
 June 30,
 
Six Months Ended 
 June 30,
 
2015
 
2014
 
2015
 
2014
Net income
$
73,077

 
$
66,704

 
$
145,240

 
$
127,892

Less: Preferred stock dividends
2,015

 
2,015

 
4,031

 
4,031

Net income available to common shareholders
71,062

 
64,689

 
141,209

 
123,861

Less: Earnings allocated to participating securities
247

 
247

 
484

 
473

Net earnings allocated to common stock
$
70,815

 
$
64,442

 
$
140,725

 
$
123,388

 
 
 
 
 
 
 
 
Distributed earnings allocated to common stock
$
33,465

 
$
32,050

 
$
65,644

 
$
62,421

Undistributed earnings allocated to common stock
37,350

 
32,392

 
75,081

 
60,967

Net earnings allocated to common stock
$
70,815

 
$
64,442

 
$
140,725

 
$
123,388

 
 
 
 
 
 
 
 
Weighted-average shares outstanding for basic earnings per common share
63,118,785

 
61,551,473

 
63,106,656

 
61,128,725

Dilutive effect of stock compensation
831,938

 
915,083

 
760,331

 
902,024

Weighted-average shares outstanding for diluted earnings per common share
63,950,723

 
62,466,556

 
63,866,987

 
62,030,749