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Earnings Per Share Reconciliation (Tables)
 12 Months Ended
Dec. 31, 2016
Earnings Per Share [Abstract]  
Schedule of Earnings Per Common Share Reconciliation

The table below shows earnings per common share and diluted earnings per common share, and reconciles the numerator and denominator of both earnings per common share calculations.

 

    For the Year Ended December 31,  
    2016     2015     2014  
    (In thousands, except per share amounts)  

Earnings per common share:

      

Net earnings

     $         101,429          $         99,145          $         104,021     

Less: Net earnings allocated to restricted stock

     421          515          544     
 

 

 

    

 

 

    

 

 

  

Net earnings allocated to common shareholders

     $ 101,008          $ 98,630          $ 103,477     
 

 

 

    

 

 

    

 

 

  

Weighted average shares outstanding

     107,282          105,715          105,239     

Basic earnings per common share

     $ 0.94          $ 0.93          $ 0.98     
 

 

 

    

 

 

    

 

 

  

Diluted earnings per common share:

      

Net income allocated to common shareholders

     $ 101,008          $ 98,630          $ 103,477     
 

 

 

    

 

 

    

 

 

  

Weighted average shares outstanding

     107,282          105,715          105,239     

Incremental shares from assumed exercise of outstanding options

     405          477          520     
 

 

 

    

 

 

    

 

 

  

Diluted weighted average shares outstanding

     107,687          106,192          105,759     

Diluted earnings per common share

     $ 0.94          $ 0.93          $ 0.98