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Earnings Per Share (Tables)
12 Months Ended
Dec. 31, 2015
Earnings Per Share [Abstract]  
Earnings Per Share
The following table reconciles earnings per common share:
 
For the Year
 
2015
 
2014
 
2013
 
(In thousands, except per share amounts)
Basic:
 
 
 
 
 
Net income
$
369,416

 
$
498,874

 
$
903,944

Less: Net income allocable to participating RSUs
(3,179
)
 
(4,028
)
 
(8,335
)
Net income available for basic common shares
$
366,237

 
$
494,846

 
$
895,609

Weighted average common shares outstanding
339,172

 
339,016

 
343,394

Basic net income per common share
$
1.08

 
$
1.46

 
$
2.61

Diluted:
 
 
 
 
 
Net income
$
369,416

 
$
498,874

 
$
903,944

Less: Net income allocable to participating RSUs
(3,179
)
 
(4,028
)
 
(8,291
)
Net income available for diluted common shares
$
366,237

 
$
494,846

 
$
895,653

Weighted average common shares outstanding
339,172

 
339,016

 
343,394

Weighted average common equivalent shares arising from:
 
 
 
 
 
Dilutive stock options and non-participating RSUs
576

 
1,752

 
4,065

Weighted average number of common and potential common shares
339,748

 
340,768

 
347,459

Diluted net income per common share
$
1.08

 
$
1.45

 
$
2.58