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Earnings Per Share (Tables)
9 Months Ended
Sep. 30, 2016
Earnings Per Share [Abstract]  
Computation Of Basic And Diluted Earnings Per Common Share
The computation of basic and diluted earnings per common share is as follows:    
 
Three Months Ended
 
Nine Months Ended
 
September 30,
 
September 30,
(In thousands, except per share amounts)
2016
 
2015
 
2016
 
2015
 
 
 
 
 
 
 
 
Computation of Basic Earnings Per Share:
 
 
 
 
 
 
 
Numerator:
 
 
 
 
 
 
 
Net income
$
47,565

 
$
41,419

 
$
107,550

 
$
98,826

Income allocated to participating securities
(342
)
 
(278
)
 
(749
)
 
(695
)
Net income available to common shareholders
$
47,223

 
$
41,141

 
$
106,801

 
$
98,131

Denominator:
 
 
 
 
 
 
 
Weighted average common shares outstanding – basic
55,630

 
56,843

 
55,904

 
57,019

 
 
 
 
 
 
 
 
Basic earnings per share
$
0.85

 
$
0.72

 
$
1.91

 
$
1.72

 
 
 
 
 
 
 
 
Computation of Diluted Earnings Per Share:
 
 
 
 
 
 
 
Numerator:
 
 
 
 
 
 
 
Net income
$
47,565

 
$
41,419

 
$
107,550

 
$
98,826

Income allocated to participating securities
(341
)
 
(277
)
 
(746
)
 
(691
)
Net income available to common shareholders
$
47,224

 
$
41,142

 
$
106,804

 
$
98,135

Denominator:
 
 
 
 
 
 
 
Weighted average common shares outstanding – basic
55,630

 
56,843

 
55,904

 
57,019

Diluted effect of stock options and PVRSUs
281

 
378

 
296

 
479

Weighted average common shares outstanding – diluted
55,911

 
57,221

 
56,200

 
57,498

 
 
 
 
 
 
 
 
Diluted earnings per share
$
0.84

 
$
0.72

 
$
1.90

 
$
1.71