Net Income Per Common Share (Tables)

9 Months Ended

Sep. 30, 2019

Schedule of Basic and Diluted Earnings Per Share

The following table displays a reconciliation of the information used in calculating basic and diluted earnings per common share for the three and nine months ended September 30, 2019 and 2018.



	Three Months Ended September 30,				Nine Months Ended September 30,
(in thousands, except per share data)	2019		2018		2019		2018
Basic Net Income Per Common Share:
Net income available to common shareholders	$	127,435	$	99,330	$	397,505	$	308,559
Weighted average common shares outstanding	152,238		117,241		156,819		118,096
Net income per common share, basic	$	0.84	$	0.85	$	2.53	$	2.61
Diluted Net Income Per Common Share:
Net income available to common shareholders	$	127,435	$	99,330	$	397,505	$	308,559
Weighted average common shares outstanding	152,238		117,241		156,819		118,096
Effect of dilutive outstanding equity-based awards, warrants, and earnout payments	1,805		854		1,776		751
Weighted average diluted common shares	154,043		118,095		158,595		118,847
Net income per common share, diluted	$	0.83	$	0.84	$	2.51	$	2.60