Earnings Per Common Share (Tables)

6 Months Ended

Jun. 30, 2019

Earnings Per Share [Abstract]

Schedule of Earnings Per Share, Basic and Diluted

The following table shows the calculation of both basic and diluted earnings per common share for the three and six months ended June 30, 2019 and 2018:

	Three Months Ended June 30,				Six Months Ended June 30,
	2019		2018		2019		2018
	(in thousands, except for share data)
Net income available to common shareholders	$	73,296	$	69,630	$	183,454	$	108,423
Basic weighted average number of common shares outstanding	331,748,552		331,318,381		331,675,313		331,024,531
Plus: Common stock equivalents	1,211,250		1,577,102		1,254,046		1,575,460
Diluted weighted average number of common shares outstanding	332,959,802		332,895,483		332,929,359		332,599,991
Earnings per common share:
Basic	$	0.22	$	0.21	$	0.55	$	0.33
Diluted	0.22		0.21		0.55		0.33