Earnings Per Common Share (Tables)

6 Months Ended

Jun. 30, 2017

Earnings Per Share [Abstract]

Calculations for basic and diluted earnings per common share

Presented below are the calculations for basic and diluted earnings per common share.

	For the Three Months Ended June 30,						For the Six Months Ended June 30,
	2017			2016			2017			2016
	(In thousands, except per share data)
Net income	$	57,983		$	49,091		$	114,253		$	91,625
Preferred stock dividends	(2,339		)	(2,169		)	(4,669		)	(4,367		)
Net income available to common equity	$	55,644		$	46,922		$	109,584		$	87,258
Common shareholder dividends	(18,326		)	(16,443		)	(36,577		)	(32,646		)
Unvested share-based payment awards	(110		)	(182		)	(227		)	(388		)
Undistributed earnings	$	37,208		$	30,297		$	72,780		$	54,224
Undistributed earnings allocated to common shareholders	36,980			29,963			72,273			53,649
Undistributed earnings allocated to unvested share-based payment awards	228			334			507			575
Undistributed earnings	$	37,208		$	30,297		$	72,780		$	54,224
Basic
Distributed earnings to common shareholders	$	18,326		$	16,443		$	36,577		$	32,646
Undistributed earnings allocated to common shareholders	36,980			29,963			72,273			53,649
Total common shareholders earnings, basic	$	55,306		$	46,406		$	108,850		$	86,295
Diluted
Distributed earnings to common shareholders	$	18,326		$	16,443		$	36,577		$	32,646
Undistributed earnings allocated to common shareholders	36,980			29,963			72,273			53,649
Total common shareholders earnings, diluted	$	55,306		$	46,406		$	108,850		$	86,295
Weighted average common shares outstanding	151,573			148,511			151,196			148,556
Effect of dilutive common stock awards	1,958			1,019			2,155			962
Effect of dilutive common stock warrants	771			—			796			—
Diluted weighted average common shares outstanding	154,302			149,530			154,147			149,518
Basic earnings per common share	$	0.36		$	0.31		$	0.72		$	0.58
Diluted earnings per common share	$	0.36		$	0.31		$	0.71		$	0.58