Earnings Per Share (Tables)

6 Months Ended

Jun. 30, 2019

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						Six Months Ended
	June 30,						June 30,
(In thousands, except per share amounts)	2019			2018			2019			2018
Computation of Basic Earnings Per Share:
Numerator:
Net income	$	74,389		$	79,839		$	104,470		$	104,925
Income allocated to participating securities	(468		)	(462		)	(640		)	(627		)
Net income available to common shareholders	$	73,921		$	79,377		$	103,830		$	104,298
Denominator:
Weighted average common shares outstanding – basic	55,323			56,364			55,335			56,414
Basic earnings per share	$	1.34		$	1.41		$	1.88		$	1.85
Computation of Diluted Earnings Per Share:
Numerator:
Net income	$	74,389		$	79,839		$	104,470		$	104,925
Income allocated to participating securities	(466		)	(459		)	(638		)	(623		)
Net income available to common shareholders	$	73,923		$	79,380		$	103,832		$	104,302
Denominator:
Weighted average common shares outstanding – basic	55,323			56,364			55,335			56,414
Diluted effect of stock options and PVRSUs	237			468			273			557
Weighted average common shares outstanding – diluted	55,560			56,832			55,608			56,971
Diluted earnings per share	$	1.33		$	1.40		$	1.87		$	1.83