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Earnings Per Common Share
 6 Months Ended
Jun. 30, 2015
Earnings Per Share [Abstract]  
Earnings Per Common Share
EARNINGS PER COMMON SHARE
The table below displays the calculation of basic and diluted earnings per share.
Basic and Diluted Earnings per Common Share
(Amounts in thousands, except per share data)
 
 
Quarters Ended 
 June 30,
 
Six Months Ended 
 June 30,
 
 
2015
 
2014
 
2015
 
2014
Net income
 
$
22,574

 
$
18,500

 
$
42,456

 
$
36,164

Net income applicable to non-vested restricted shares
 
(249
)
 
(230
)
 
(477
)
 
(455
)
Net income applicable to common shares
 
$
22,325

 
$
18,270

 
$
41,979

 
$
35,709

Weighted-average common shares outstanding:
 
 
 
 
 
 
 
 
Weighted-average common shares outstanding (basic)
 
77,089

 
74,322

 
77,004

 
74,235

Dilutive effect of common stock equivalents
 
12

 
11

 
12

 
12

Weighted-average diluted common shares outstanding
 
77,101

 
74,333

 
77,016

 
74,247

Basic earnings per common share ("EPS")
 
$
0.29

 
$
0.25

 
$
0.55

 
$
0.48

Diluted EPS
 
$
0.29

 
$
0.25

 
$
0.55

 
$
0.48

Anti-dilutive shares not included in the computation of
  diluted earnings per common share (1)
 
768

 
1,177

 
857

 
1,246


(1) 
This amount represents outstanding stock options for which the exercise price is greater than the average market price of the Company's common stock.