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Earnings Per Common Share
 9 Months Ended
Sep. 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 
 September 30,
 
Nine Months Ended 
 September 30,
 
 
2015
 
2014
 
2015
 
2014
Net income
 
$
23,284

 
$
18,549

 
$
65,740

 
$
54,713

Net income applicable to non-vested restricted shares
 
(226
)
 
(242
)
 
(703
)
 
(697
)
Net income applicable to common shares
 
$
23,058

 
$
18,307

 
$
65,037

 
$
54,016

Weighted-average common shares outstanding:
 
 
 
 
 
 
 
 
Weighted-average common shares outstanding (basic)
 
77,106

 
74,341

 
77,038

 
74,270

Dilutive effect of common stock equivalents
 
13

 
11

 
13

 
12

Weighted-average diluted common shares outstanding
 
77,119

 
74,352

 
77,051

 
74,282

Basic earnings per common share ("EPS")
 
$
0.30

 
$
0.25

 
$
0.84

 
$
0.73

Diluted EPS
 
$
0.30

 
$
0.25

 
$
0.84

 
$
0.73

Anti-dilutive shares not included in the computation of
  diluted earnings per common share (1)
 
751

 
1,155

 
822

 
1,215


(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.