XML 37 R26.htm IDEA: XBRL DOCUMENT v3.8.0.1
Earnings Per Share Reconciliation (Tables)
3 Months Ended
Mar. 31, 2018
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 Three Months
Ended March 31,
     2018    2017
       (In thousands, except per share amounts)  

Earnings per common share:

     

Net earnings

     $ 34,913        $ 28,504  

  Less: Net earnings allocated to restricted stock

     108        112  
  

 

 

 

  

 

 

 

Net earnings allocated to common shareholders

     $ 34,805        $ 28,392  
  

 

 

 

  

 

 

 

Weighted average shares outstanding

     109,859        108,339  

Basic earnings per common share

     $ 0.32        $ 0.26  
  

 

 

 

  

 

 

 

Diluted earnings per common share:

     

Net income allocated to common shareholders

     $ 34,805        $ 28,392  
  

 

 

 

  

 

 

 

  Weighted average shares outstanding

     109,859        108,339  

  Incremental shares from assumed exercise of outstanding options

     364        467  
  

 

 

 

  

 

 

 

Diluted weighted average shares outstanding

     110,223        108,806  

Diluted earnings per common share

     $ 0.32        $ 0.26