XML 71 R14.htm IDEA: XBRL DOCUMENT v3.19.3
Earnings Per Common Share
 9 Months Ended
Sep. 30, 2019
Earnings Per Share [Abstract]  
Earnings Per Common Share Earnings Per Common Share  
 
The following is a computation of basic and diluted earnings per common share for the three and nine months ended September 30, 2019 and 2018: 
(in thousands, except per share data)Three Months EndedNine Months Ended
 September 30, 2019September 30, 2018September 30, 2019September 30, 2018
Net income$84,502  $90,981  $270,345  $235,952  
    
Weighted average number of common shares outstanding - basic220,285  220,224  220,379  220,292  
Effect of potentially dilutive common shares (1)
298  396  263  459  
Weighted average number of common shares outstanding - diluted220,583  220,620  220,642  220,751  
EARNINGS PER COMMON SHARE:    
Basic$0.38  $0.41  $1.23  $1.07  
Diluted$0.38  $0.41  $1.23  $1.07  
(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.