Earnings Per Share Reconciliation (Tables)

3 Months Ended

Mar. 31, 2020

Earnings Per Share [Abstract]

Schedule of Earnings Per Common Share Reconciliation

The table below shows earnings per common share and diluted earnings per common share, and reconciles the numerator and denominator of both earnings per common share calculations.

	Three Months Ended March 31,
	2020		2019
	(In thousands, except per share amounts)
Earnings per common share:
Net earnings	$	37,980	$	51,642
Less: Net earnings allocated to restricted stock		83		141
Net earnings allocated to common shareholders	$	37,897	$	51,501
Weighted average shares outstanding		139,107		139,615
Basic earnings per common share	$	0.27	$	0.37
Diluted earnings per common share:
Net income allocated to common shareholders		37,897		51,501
Weighted average shares outstanding		139,107		139,615
Incremental shares from assumed exercise of outstanding options		209		216
Diluted weighted average shares outstanding		139,316		139,831
Diluted earnings per common share	$	0.27	$	0.37