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Earnings Per Share Reconciliation (Tables)
 6 Months Ended
Jun. 30, 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    
June 30,		       For the Six Months Ended    
June 30,
    2018   2017                 2018   2017
    (In thousands, except per  share amounts)

Earnings per common share:

        

Net earnings

     $ 35,373       $ 28,373       $ 70,286       $ 56,877  

  Less: Net earnings allocated to restricted stock

     94       105       202       217  
 

 

 

 

  

 

 

 

  

 

 

 

  

 

 

 

Net earnings allocated to common shareholders

     $ 35,279       $ 28,268       $ 70,084       $ 56,660  
 

 

 

 

  

 

 

 

  

 

 

 

  

 

 

 

Weighted average shares outstanding

     109,983       109,730       109,921       109,039  

Basic earnings per common share

     $ 0.32       $ 0.26       $ 0.64       $ 0.52  
 

 

 

 

  

 

 

 

  

 

 

 

  

 

 

 

Diluted earnings per common share:

        

Net income allocated to common shareholders

     35,279       28,268       70,084       56,660  
 

 

 

 

  

 

 

 

  

 

 

 

  

 

 

 

  Weighted average shares outstanding

     109,983       109,730       109,921       109,039  

  Incremental shares from assumed exercise of outstanding options

     372       348       418       406  
 

 

 

 

  

 

 

 

  

 

 

 

  

 

 

 

Diluted weighted average shares outstanding

           110,355             110,078             110,339             109,445  

Diluted earnings per common share

     $ 0.32       $ 0.26       $ 0.64       $ 0.52