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Earnings per Common Share (Tables)
6 Months Ended
Jun. 30, 2019
Earnings Per Share [Abstract]  
Schedule of Basic and Diluted Earnings Per Share
The following table sets forth the computation of basic and diluted EPS for the three and six months ended June 30, 2019 and 2018:
 
 
Three Months Ended
 
Six Months Ended
 
 
June 30,
 
June 30,
 
 
2019
 
2018
 
2019
 
2018
 
 
(in thousands except per share amounts)
Basic EPS:
 
 
 
 
 
 
 
 
Net income
 
$
51,724

 
$
41,749

 
$
97,595

 
$
81,719

Less: Earnings allocated to participating securities:
 
 
 
 
 
 
 
 
Nonvested restricted shares
 
378

 
473

 
838

 
909

Earnings allocated to common shareholders
 
$
51,346

 
$
41,276

 
$
96,757

 
$
80,810

Weighted average common shares outstanding
 
72,451

 
72,385

 
72,486

 
72,343

Basic earnings per common share
 
$
0.71

 
$
0.57

 
$
1.33

 
$
1.12

Diluted EPS:
 
 
 
 
 
 
 
 
Earnings allocated to common shareholders
 
$
51,346

 
$
41,276

 
$
96,757

 
$
80,810

Weighted average common shares outstanding
 
72,451

 
72,385

 
72,486

 
72,343

Dilutive effect of equity awards
 

 
5

 
1

 
4

Weighted average diluted common shares outstanding
 
72,451

 
72,390

 
72,487

 
72,347

Diluted earnings per common share
 
$
0.71

 
$
0.57

 
$
1.33

 
$
1.12

Potentially dilutive share options that were not included in the computation of diluted EPS because to do so would be anti-dilutive
 

 
3

 

 
7