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Earnings Per Common Share
12 Months Ended
Dec. 31, 2016
Earnings Per Share [Abstract]  
Earnings Per Common Share
EARNINGS PER COMMON SHARE
The table below displays the calculation of basic and diluted EPS.
Basic and Diluted EPS
(Amounts in thousands, except per share data)
 
 
Years Ended December 31,
 
 
2016
 
2015
 
2014
Net income
 
$
92,349

 
$
82,064

 
$
69,306

Net income applicable to non-vested restricted shares
 
(1,043
)
 
(882
)
 
(836
)
Net income applicable to common shares
 
$
91,306

 
$
81,182

 
$
68,470

Weighted-average common shares outstanding:
 
 
 
 
 
 
Weighted-average common shares outstanding (basic)
 
79,797

 
77,059

 
74,484

Dilutive effect of common stock equivalents
 
13

 
13

 
12

Weighted-average diluted common shares outstanding
 
79,810

 
77,072

 
74,496

Basic EPS
 
$
1.14

 
$
1.05

 
$
0.92

Diluted EPS
 
1.14

 
1.05

 
0.92

Anti-dilutive shares not included in the computation of diluted EPS (1)
 
494

 
800

 
1,198



(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.