XML 58 R42.htm IDEA: XBRL DOCUMENT v3.8.0.1
Common and Preferred Stock (Tables)
12 Months Ended
Dec. 31, 2017
Common Stock, Number of Shares, Par Value and Other Disclosures [Abstract]  
Summary Of Components Used To Calculate Basic And Diluted Income Per Share
(In thousands, except per share data)
2017
2016
2015
Basic income per common share:
 
 
 
Net income attributable to Commerce Bancshares, Inc.
$
319,383

$
275,391

$
263,730

Less preferred stock dividends
9,000

9,000

9,000

Net income available to common shareholders
310,383

266,391

254,730

Less income allocated to nonvested restricted stock
3,848

3,698

3,548

Net income allocated to common stock
$
306,535

$
262,693

$
251,182

Weighted average common shares outstanding
105,555

105,243

108,016

Basic income per common share
$
2.90

$
2.50

$
2.33

Diluted income per common share:
 
 
 
Net income available to common shareholders
$
310,383

$
266,391

$
254,730

Less income allocated to nonvested restricted stock
3,838

3,692

3,541

Net income allocated to common stock
$
306,545

$
262,699

$
251,189

Weighted average common shares outstanding
105,555

105,243

108,016

Net effect of the assumed exercise of stock-based awards -- based on the treasury stock method using the average market price for the respective periods
372

281

336

Weighted average diluted common shares outstanding
105,927

105,524

108,352

Diluted income per common share
$
2.89

$
2.49

$
2.32

Schedule Of Activity In The Outstanding Shares Of The Company's Common Stock
The table below shows activity in the outstanding shares of the Company’s common stock during the past three years. Shares in the table below are presented on an historical basis and have not been restated for the annual 5% stock dividends.

 
Years Ended December 31
(In thousands)
2017
2016
2015
Shares outstanding at January 1
101,461

97,226

96,327

Issuance of stock:
 
 
 
Awards and sales under employee and director plans
403

397

435

5% stock dividend
5,078

4,831

4,641

Purchases of treasury stock under accelerated share repurchase programs


(3,635
)
Other purchases of treasury stock
(315
)
(959
)
(535
)
Other
(12
)
(34
)
(7
)
Shares outstanding at December 31
106,615

101,461

97,226