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Earnings Per Common Share (Tables)
9 Months Ended
Sep. 30, 2018
Earnings Per Share [Abstract]  
Schedule of Earnings Per Share, Basic and Diluted
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,
 
 
2018
 
2017
 
2018
 
2017
Net income
 
$
53,352

 
$
38,235

 
$
116,462

 
$
96,040

Net income applicable to non-vested restricted shares
 
(441
)
 
(340
)
 
(992
)
 
(910
)
Net income applicable to common shares
 
$
52,911

 
$
37,895

 
$
115,470

 
$
95,130

Weighted-average common shares outstanding:
 
 
 
 
 
 
 
 
Weighted-average common shares outstanding (basic)
 
102,178

 
101,752

 
102,087

 
101,307

Dilutive effect of common stock equivalents
 

 
20

 
5

 
20

Weighted-average diluted common shares outstanding
 
102,178

 
101,772

 
102,092

 
101,327

Basic EPS
 
$
0.52

 
$
0.37

 
$
1.13

 
$
0.94

Diluted EPS
 
$
0.52

 
$
0.37

 
$
1.13

 
$
0.94

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

 
190

 
36

 
242

(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. The final outstanding stock options were exercised during the first quarter of 2018.