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Earnings Per Share Reconciliation (Tables)
12 Months Ended
Dec. 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 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