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Earnings Per Common Share
 6 Months Ended
Jun. 30, 2016
Earnings Per Share [Abstract]  
Earnings Per Common Share
EARNINGS PER COMMON SHARE
The table below displays the calculation of basic and diluted earnings per common share ("EPS").
Basic and Diluted EPS
(Amounts in thousands, except per share data)
 
 
Quarters Ended 
 June 30,
 
Six Months Ended 
 June 30,
 
 
2016
 
2015
 
2016
 
2015
Net income
 
$
25,267

 
$
22,574

 
$
43,229

 
$
42,456

Net income applicable to non-vested restricted shares
 
(290
)
 
(249
)
 
(502
)
 
(477
)
Net income applicable to common shares
 
$
24,977

 
$
22,325

 
$
42,727

 
$
41,979

Weighted-average common shares outstanding:
 
 
 
 
 
 
 
 
Weighted-average common shares outstanding (basic)
 
80,383

 
77,089

 
79,182

 
77,004

Dilutive effect of common stock equivalents
 
13

 
12

 
12

 
12

Weighted-average diluted common shares outstanding
 
80,396

 
77,101

 
79,194

 
77,016

Basic EPS
 
$
0.31

 
$
0.29

 
$
0.54

 
$
0.55

Diluted EPS
 
$
0.31

 
$
0.29

 
$
0.54

 
$
0.55

Anti-dilutive shares not included in the computation of
  diluted EPS (1)
 
469

 
768

 
539

 
857


(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.