XML 60 R44.htm IDEA: XBRL DOCUMENT v3.8.0.1
Earnings Per Common Share (Tables)
 12 Months Ended
Dec. 31, 2017
Earnings Per Share [Abstract]  
Schedule of Earnings Per Share, Basic and Diluted
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,
 
 
2017
 
2016
 
2015
Net income
 
$
98,387

 
$
92,349

 
$
82,064

Net income applicable to non-vested restricted shares
 
(916
)
 
(1,043
)
 
(882
)
Net income applicable to common shares
 
$
97,471

 
$
91,306

 
$
81,182

Weighted-average common shares outstanding:
 
 
 
 
 
 
Weighted-average common shares outstanding (basic)
 
101,423

 
79,797

 
77,059

Dilutive effect of common stock equivalents
 
20

 
13

 
13

Weighted-average diluted common shares outstanding
 
101,443

 
79,810

 
77,072

Basic EPS
 
$
0.96

 
$
1.14

 
$
1.05

Diluted EPS
 
0.96

 
1.14

 
1.05

Anti-dilutive shares not included in the computation of diluted EPS (1)
 
229

 
494

 
800


(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.