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Earnings Per Common Share (Tables)
 12 Months Ended
Dec. 31, 2016
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.
 
2016
 
2015
 
2014
Net Income
$
304,261

 
$
279,328

 
$
277,977

Less: Preferred stock dividends
8,063

 
8,063

 
8,063

Net income available to common shareholders
296,198

 
271,265

 
269,914

Less: Earnings allocated to participating securities
1,145

 
941

 
1,001

Net earnings allocated to common stock
$
295,053

 
$
270,324

 
$
268,913

 
 
 
 
 
 
Distributed earnings allocated to common stock
$
134,374

 
$
131,702

 
$
126,709

Undistributed earnings allocated to common stock
160,679

 
138,622

 
142,204

Net earnings allocated to common stock
$
295,053

 
$
270,324

 
$
268,913

 
 
 
 
 
 
Weighted-average shares outstanding for basic earnings per common share
62,376,260

 
62,758,074

 
62,072,080

Dilutive effect of stock compensation
592,615

 
715,250

 
901,448

Weighted-average shares outstanding for diluted earnings per common share
62,968,875

 
63,473,324

 
62,973,528