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Earnings Per Share Reconciliation (Tables)
9 Months Ended
Sep. 30, 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
 
S
eptember
 30,
 
 
  For the 
Nine
 Months  
Ended
 
September
 30,
 
 
   
 
 
 
 
 
2019
 
 
 
 
 
 
 
 
 
 
 
   
 
 
 
 
 
2018
 
 
 
 
 
 
 
 
 
 
 
   
 
  
 
2019
 
 
 
 
 
 
 
 
 
 
 
   
 
  
 
2018
 
 
 
 
 
 
 
 
 
 
 
(In thousands, except per share amounts)
Earnings per common share:
   
     
     
     
 
Net earnings
    $
 
 
 
50,423
      $
 
 
38,558
      $
 
 
 
 
 
 
 
 
156,546
      $
 
 
 
 
 
 
 
 
108,844
 
Less: Net earnings allocated to restricted stock
   
116
     
96
     
390
     
298
 
                                 
Net earnings allocated to common shareholders
    $
50,307
      $
38,462
      $
156,156
      $
108,546
 
                                 
Weighted average shares outstanding
   
139,824
     
126,574
     
139,730
     
115,533
 
Basic earnings per common share
    $
0.36
      $
0.30
      $
1.12
      $
0.94
 
                                 
 
 
 
 
 
 
 
 
 
 
 
 
 
Diluted earnings per common share:
   
     
     
     
 
Net income allocated to common shareholders
   
50,307
     
38,462
     
156,156
     
108,546
 
                                 
Weighted average shares outstanding
   
139,824
     
126,574
     
139,730
     
115,533
 
Incremental shares from assumed exercise of outstanding options
   
151
     
363
     
217
     
397
 
                                 
Diluted weighted average shares outstanding
   
139,975
     
126,937
     
139,947
     
115,930
 
Diluted earnings per common share
    $
0.36
      $
0.30
      $
1.12
      $
0.94