XML 58 R39.htm IDEA: XBRL DOCUMENT v3.3.1.900
Earnings Per Common Share (Tables)
 12 Months Ended
Dec. 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.
 
2015
 
2014
 
2013
Net Income
$
279,328

 
$
277,977

 
$
237,866

Less: Preferred stock dividends
8,063

 
8,063

 
6,719

Net income available to common shareholders
271,265

 
269,914

 
231,147

Less: Earnings allocated to participating securities
941

 
1,001

 
850

Net earnings allocated to common stock
$
270,324

 
$
268,913

 
$
230,297

 
 
 
 
 
 
Distributed earnings allocated to common stock
$
131,702

 
$
126,709

 
$
119,177

Undistributed earnings allocated to common stock
138,622

 
142,204

 
111,120

Net earnings allocated to common stock
$
270,324

 
$
268,913

 
$
230,297

 
 
 
 
 
 
Weighted-average shares outstanding for basic earnings per common share
62,758,074

 
62,072,080

 
60,350,552

Dilutive effect of stock compensation
715,250

 
901,448

 
765,858

Weighted-average shares outstanding for diluted earnings per common share
63,473,324

 
62,973,528

 
61,116,410