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Earnings Per Common Share (Tables)

6 Months Ended

Jun. 30, 2019

Earnings Per Share [Abstract]

Computation Of Basic And Diluted Earnings (Loss) Per Common Share

The following is a computation of basic and diluted earnings per common share for the three and six months ended June 30, 2019 and 2018:



(in thousands, except per share data)	Three Months Ended								Six Months Ended
	June 30, 2019				June 30, 2018				June 30, 2019				June 30, 2018
Net income	$	111,810			$	65,999			$	185,843			$	144,971

Weighted average number of common shares outstanding - basic	220,487				220,283				220,427				220,326
Effect of potentially dilutive common shares ⁽¹⁾	232				364				265				434
Weighted average number of common shares outstanding - diluted	220,719				220,647				220,692				220,760
EARNINGS PER COMMON SHARE:
Basic	$	0.51			$	0.30			$	0.84			$	0.66
Diluted	$	0.51			$	0.30			$	0.84			$	0.66


⁽¹⁾	Represents the effect of the assumed exercise of stock options, vesting of non-participating restricted shares, and vesting of restricted stock units, based on the treasury stock method.