Earnings Per Common Share (Tables)

12 Months Ended

Dec. 31, 2019

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,
	2019		2018		2017
Net income	$	199,738	$	157,870	$	98,387
Net income applicable to non-vested restricted shares	(1,681)		(1,312)		(916)
Net income applicable to common shares	$	198,057	$	156,558	$	97,471
Weighted-average common shares outstanding:
Weighted-average common shares outstanding (basic)	108,156		102,850		101,423
Dilutive effect of common stock equivalents	428		4		20
Weighted-average diluted common shares outstanding	108,584		102,854		101,443
Basic EPS	$	1.83	$	1.52	$	0.96
Diluted EPS	1.82		1.52		0.96
Anti-dilutive shares not included in the computation of diluted EPS(1)	—		27		229

⁽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.