Summary of Significant Accounting Policies (Tables)

9 Months Ended

Sep. 30, 2019

Cash Flow Information — Supplemental cash flow information addressing certain cash and noncash transactions for the nine months ended September 30, 2019 and September 30, 2018 was as follows (in thousands):



	For the nine months ended September 30,
	2019		2018
Cash Transactions:
Interest paid	$	216,261	$	136,154
Income taxes paid, net	61,238		55,525
Noncash Transactions:
Loans charged-off to the allowance for loan losses	21,328		22,316
Loans foreclosed upon and transferred to other real estate owned	16,870		2,066
Loans foreclosed upon and transferred to other assets	93		1,580
Other real estate sales financed	—		276
Fixed assets transferred to other real estate owned	5,126		—
Available-for-sale securities transferred to held-to-maturity portfolio	—		179,763
Held-for-sale loans transferred to held-for-investment loan portfolio	—		44,980
Right-of-use asset recognized during the period in exchange for lease obligations ⁽¹⁾	82,856		—

⁽¹⁾ Includes $79.9 million recognized upon initial adoption of ASU 2016-02 on January 1, 2019.

Basic and Diluted Earnings Per Share Calculations

The following is a summary of the basic and diluted net income per share calculations for the three and nine months ended September 30, 2019 and 2018 (in thousands, except per share data):



	Three months ended September 30,				Nine months ended September 30,
	2019		2018		2019		2018
Basic net income per share calculation:
Numerator - Net income	$	110,521	$	93,747	$	304,802	$	264,122

Denominator - Weighted average common shares outstanding	76,301		77,145		76,481		77,116
Basic net income per common share	$	1.45	$	1.22	$	3.99	$	3.42

Diluted net income per share calculation:
Numerator – Net income	$	110,521	$	93,747	$	304,802	$	264,122

Denominator - Weighted average common shares outstanding	76,301		77,145		76,481		77,116
Dilutive shares contingently issuable	255		346		280		326
Weighted average diluted common shares outstanding	76,556		77,491		76,761		77,443
Diluted net income per common share	$	1.44	$	1.21	$	3.97	$	3.41