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Earnings Per Common Share
 12 Months Ended
Dec. 31, 2018
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)
 
 
Years Ended December 31,
 
 
2018
 
2017
 
2016
Net income
 
$
157,870

 
$
98,387

 
$
92,349

Net income applicable to non-vested restricted shares
 
(1,312
)
 
(916
)
 
(1,043
)
Net income applicable to common shares
 
$
156,558

 
$
97,471

 
$
91,306

Weighted-average common shares outstanding:
 
 
 
 
 
 
Weighted-average common shares outstanding (basic)
 
102,850

 
101,423

 
79,797

Dilutive effect of common stock equivalents
 
4

 
20

 
13

Weighted-average diluted common shares outstanding
 
102,854

 
101,443

 
79,810

Basic EPS
 
$
1.52

 
$
0.96

 
$
1.14

Diluted EPS
 
1.52

 
0.96

 
1.14

Anti-dilutive shares not included in the computation of diluted EPS(1)
 
27

 
229

 
494


(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.