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Earnings Per Common Share (Tables)
3 Months Ended
Mar. 31, 2016
Earnings Per Share [Abstract]  
Computation of Basic and Diluted Net Earnings Per Share
The computations of basic earnings per share and diluted earnings per share are as follows:
 
 
Three Months Ended March 31, 2016
 
Income
(Numerator)
 
Shares
(Denominator)
 
Per-share
Amount
 
 
Net income
$
18,626,000

 
 
 
 
 
Basic earnings per common share
$
18,626,000

 
72,364,000

 
$
0.26

 
Effect of dilutive securities:
 
 
 
 
 
 
Stock options and restricted stock
 
 
650,000

 

 
Diluted earnings per common share
$
18,626,000

 
73,014,000

 
$
0.26

 
 
 
 
 
Three Months Ended March 31, 2015
 
Income
(Numerator)
 
Shares
(Denominator)
 
Per-share
Amount
 
 
Net income
$
15,516,000

 
 
 
 
 
Basic earnings per common share
$
15,516,000

 
71,469,000

 
$
0.22

 
Effect of dilutive securities:
 
 
 
 
 
 
Stock options and restricted stock
 
 
690,000

 

 
Diluted earnings per common share
$
15,516,000

 
72,159,000

 
$
0.22