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Earnings Per Share Reconciliation (Tables)
3 Months Ended
Mar. 31, 2019
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,
 
 
 
2019
 
 
2018
 
 
 
(In thousands, except per share amounts)
 
Earnings per common share:
 
 
 
 
 
 
 
 
Net earnings
 
$
51,642
 
 
$
34,913
 
Less: Net earnings allocated to restricted stock
 
 
141
 
 
 
108
 
Net earnings allocated to common shareholders
 
$
51,501
 
 
$
34,805
 
Weighted average shares outstanding
 
 
139,615
 
 
 
109,859
 
Basic earnings per common share
 
$
0.37
 
 
$
0.32
 
 
 
 
 
 
 
 
 
 
Diluted earnings per common share:
 
 
 
 
 
 
 
 
Net income allocated to common shareholders
 
 
51,501
 
 
 
34,805
 
Weighted average shares outstanding
 
 
139,615
 
 
 
109,859
 
Incremental shares from assumed exercise of
outstanding options
 
 
216
 
 
 
364
 
Diluted weighted average shares outstanding
 
 
139,831
 
 
 
110,223
 
Diluted earnings per common share
 
$
0.37
 
 
$
0.32