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Earnings Per Common Share
 9 Months Ended
Sep. 30, 2017
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 
 September 30,
 
Nine Months Ended 
 September 30,
 
 
2017
 
2016
 
2017
 
2016
Net income
 
$
38,235

 
$
28,402

 
$
96,040

 
$
71,631

Net income applicable to non-vested restricted shares
 
(340
)
 
(324
)
 
(910
)
 
(826
)
Net income applicable to common shares
 
$
37,895

 
$
28,078

 
$
95,130

 
$
70,805

Weighted-average common shares outstanding:
 
 
 
 
 
 
 
 
Weighted-average common shares outstanding (basic)
 
101,752

 
80,396

 
101,307

 
79,589

Dilutive effect of common stock equivalents
 
20

 
13

 
20

 
13

Weighted-average diluted common shares outstanding
 
101,772

 
80,409

 
101,327

 
79,602

Basic EPS
 
$
0.37

 
$
0.35

 
$
0.94

 
$
0.89

Diluted EPS
 
$
0.37

 
$
0.35

 
$
0.94

 
$
0.89

Anti-dilutive shares not included in the computation of
  diluted EPS (1)
 
190

 
454

 
242

 
510


(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.