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Earnings Per Common Share (Tables)
6 Months Ended
Jun. 30, 2019
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 
 June 30,
 
Six Months Ended 
 June 30,
 
 
2019
 
2018
 
2019
 
2018
Net income
 
$
47,014

 
$
29,600

 
$
93,072

 
$
63,110

Net income applicable to non-vested restricted shares
 
(389
)
 
(240
)
 
(792
)
 
(551
)
Net income applicable to common shares
 
$
46,625

 
$
29,360

 
$
92,280

 
$
62,559

Weighted-average common shares outstanding:
 
 
 
 
 
 
 
 
Weighted-average common shares outstanding (basic)
 
108,467

 
102,159

 
107,126

 
102,041

Dilutive effect of common stock equivalents
 

 

 

 
8

Weighted-average diluted common shares outstanding
 
108,467

 
102,159

 
107,126

 
102,049

Basic EPS
 
$
0.43

 
$
0.29

 
$
0.86

 
$
0.61

Diluted EPS
 
$
0.43

 
$
0.29

 
$
0.86

 
$
0.61

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

 

 

 
54

(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.