XML 38 R24.htm IDEA: XBRL DOCUMENT
v3.10.0.1

Earnings Per Share Reconciliation | 12 Months Ended
--- | ---
Dec. 31, 2018
Earnings Per Share [Abstract] |
Earnings Per Share Reconciliation |
| 17. | EARNINGS PER SHARE RECONCILIATION
Basic earnings per common share are computed by dividing income allocated to common stockholders by the weighted-average number of common shares outstanding during each period. The computation of diluted earnings per common share considers the number of shares issuable upon the assumed exercise of outstanding common stock options. Antidilutive common shares are not included in the calculation of diluted earnings per common share. For the years ended December 31, 2018, 2017 and 2016, shares deemed to be antidilutive, and thus excluded from the computation of earnings per common share were 160,000, 9,000 and 291,000, respectively. 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, |
|  | 2018 |  |  | 2017 |  |  | 2016 |
|  | (In thousands, except per share amounts) |
Earnings per common share: |  |  |  |  |  |  |  |  |  |  |  |
Net earnings |  | $ | 152,003 |  |  | $ | 104,411 |  |  | $ | 101,429 |
Less: Net earnings allocated to restricted stock |  |  | 429 |  |  |  | 382 |  |  |  | 421 |
Net earnings allocated to common shareholders |  | $ | 151,574 |  |  | $ | 104,029 |  |  | $ | 101,008 |
Weighted average shares outstanding |  |  | 121,670 |  |  |  | 109,409 |  |  |  | 107,282 |
Basic earnings per common share |  | $ | 1.25 |  |  | $ | 0.95 |  |  | $ | 0.94 |
Diluted earnings per common share: |  |  |  |  |  |  |  |  |  |  |  |
Net income allocated to common shareholders |  | $ | 151,574 |  |  | $ | 104,029 |  |  | $ | 101,008 |
Weighted average shares outstanding |  |  | 121,670 |  |  |  | 109,409 |  |  |  | 107,282 |
Incremental shares from assumed exercise of outstanding options |  |  | 287 |  |  |  | 398 |  |  |  | 405 |
Diluted weighted average shares outstanding |  |  | 121,957 |  |  |  | 109,807 |  |  |  | 107,687 |
Diluted earnings per common share |  | $ | 1.24 |  |  | $ | 0.95 |  |  | $ | 0.94 |

X
- References No definition available. + Details
Name: | us-gaap_EarningsPerShareAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for earnings per share. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -URI http://asc.fasb.org/topic&trid=2144383 + Details
Name: | us-gaap_EarningsPerShareTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration