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Earnings Per Share (Tables)
6 Months Ended
Jun. 30, 2019
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 EPS computations for the periods presented (in thousands, except per share data):
 
Three Months Ended
June 30,
 
Six Months Ended
June 30,
 
2019
 
2018
 
2019
 
2018
Numerator for EPS:
 
 
 
 
 
 
 
Net income
$
37,293

 
$
46,084

 
$
77,441

 
$
86,139

Less: Preferred stock dividends
(2
)
 
(2
)
 
(5
)
 
(5
)
Income available to common stockholders
$
37,291

 
$
46,082

 
$
77,436

 
$
86,134

Denominator for EPS:
 

 
 

 
 
 
 
Weighted average common shares outstanding
34,311

 
34,909

 
34,525

 
34,874

Plus: Assumed conversion of share-based compensation (1)
276

 
655

 
353

 
737

     Assumed conversion of preferred stock
25

 
25

 
25

 
25

Weighted average diluted common shares outstanding
34,612

 
35,589

 
34,903

 
35,636

Basic earnings per common share
$
1.09

 
$
1.32

 
$
2.24

 
$
2.47

Diluted earnings per common share
$
1.08

 
$
1.29

 
$
2.22

 
$
2.42


(1)
 
Represents the dilutive effect of unvested restricted stock, unvested performance share units and unexercised stock options.