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Computation of Earnings Per Common Share and Common Share Equivalent (Tables)
 6 Months Ended
Jun. 30, 2017
Earnings Per Share [Abstract]  
Calculation of earnings per share
The following table sets forth the computation of basic and diluted earnings per common share for the three and six months ended June 30, 2017 and 2016:
 
Three Months Ended June 30,
 
Six Months Ended June 30,
(In thousands, except per share amounts)
2017
 
2016
 
2017
 
2016
 
 
 
 
 
 
 
 
Basic earnings per common share & common share equivalents outstanding:
Net income (loss) attributable to common shareholders
$
301,620

 
$
43,782

 
$
454,463

 
$
65,667

Weighted average common shares outstanding, in thousands - basic
260,990

 
281,793

 
263,327

 
286,881

Basic earnings per common share & common share equivalents outstanding
$
1.16

 
$
0.16

 
$
1.73

 
$
0.23

 
 
 
 
 
 
 
 
Diluted earnings per common share & common share equivalents outstanding:
Weighted average common shares outstanding - basic
260,990

 
281,793

 
263,327

 
286,881

Impact of share-based compensation
3,953

 
3,289

 
3,952

 
4,048

Weighted average common shares outstanding - diluted
264,943

 
285,082

 
267,279

 
290,929

Diluted earnings per common share & common share equivalents outstanding
$
1.14

 
$
0.15

 
$
1.70

 
$
0.23

Dividends per common share
$
0.22

 
$
0.20

 
$
0.44

 
$
0.40