XML 43 R29.htm IDEA: XBRL DOCUMENT v3.10.0.1
Earnings Per Share (Tables)
 9 Months Ended
Sep. 30, 2018
Earnings Per Share [Abstract]  
Reconciles Numerator and Denominator of Basic and Diluted Earnings Per Share Computations

The following table reconciles the numerator (i.e., income) and denominator (i.e., shares) of the basic and diluted earnings per share computations for the periods presented (in thousands, except per share data):

 

 

Three Months Ended

 

 

Nine Months Ended

 

 

September 30,

 

 

September 30,

 

 

2018

 

 

2017

 

 

2018

 

 

2017

 

Numerator for EPS:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income

$

37,380

 

 

$

9,964

 

 

$

123,519

 

 

$

70,539

 

Less: Preferred stock dividends

 

(3

)

 

 

(3

)

 

 

(8

)

 

 

(8

)

Income available to common stockholders

$

37,377

 

 

$

9,961

 

 

$

123,511

 

 

$

70,531

 

Denominator for EPS:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average common shares outstanding

 

34,861

 

 

 

34,686

 

 

 

34,870

 

 

 

34,927

 

Plus:  Assumed conversion of share-based

   compensation (1)

 

1,033

 

 

 

904

 

 

 

859

 

 

 

965

 

Assumed conversion of preferred stock

 

25

 

 

 

25

 

 

 

25

 

 

 

25

 

Weighted average diluted common shares

   outstanding

 

35,919

 

 

 

35,615

 

 

 

35,754

 

 

 

35,917

 

Basic earnings per common share

$

1.07

 

 

$

0.29

 

 

$

3.54

 

 

$

2.02

 

Diluted earnings per common share

$

1.04

 

 

$

0.28

 

 

$

3.45

 

 

$

1.96

 

 

(1)

Represents the dilutive effect of unvested restricted stock, unvested performance share units and unexercised stock options.