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Earnings and Dividends Per Share (Tables)
3 Months Ended
Mar. 31, 2015
Earnings Per Share [Abstract]  
Schedule of Earnings Per Share, Basic and Diluted
The following table summarizes the average number of common shares and the net income used in the calculation of basic and diluted earnings per common share (in thousands, except share and per share amounts):
 
Three Months Ended
 
March 31,
 
2015
 
2014
Net income attributable to common stockholders
$
29,683

 
$
23,533

 
 
 
 
BASIC:
 
 
 
Weighted average common shares outstanding
37,558,067

 
33,051,415

 
 
 
 
DILUTED:
 
 
 
Weighted average common shares outstanding
37,558,067

 
33,051,415

Stock options
68,257

 
33,817

Convertible subordinated debentures
18,941

 

Average dilutive common shares outstanding
37,645,265

 
33,085,232

 
 
 
 
Net income per common share - basic
$
.79

 
$
.71

Net income per common share - diluted
$
.79

 
$
.71

 
 
 
 
Incremental shares excluded since anti-dilutive:
 
 
 
Net share effect of stock options with an exercise price in excess of the average market price for our common shares
5,666

 
40,153

 
 
 
 
Regular dividends declared per common share
$
.85

 
$
.77