Earnings per Common Share (Tables)

3 Months Ended

Mar. 31, 2017

Earnings Per Share [Abstract]

Schedule of Basic and Diluted Earnings Per Share

The following table sets forth the computation of basic and diluted earnings per share for the three months ended March 31, 2017 and 2016:

	Three Months Ended
	March 31,
	2017		2016
	(in thousands except per share)
Basic EPS:
Net income	$	29,199	$	21,259
Less: Earnings allocated to participating securities:
Preferred shares	3		39
Nonvested restricted shares	397		247
Earnings allocated to common shareholders	$	28,799	$	20,973
Weighted average common shares outstanding	57,388		57,114
Basic earnings per common share	$	0.50	$	0.37
Diluted EPS:
Earnings allocated to common shareholders	$	28,799	$	20,973
Weighted average common shares outstanding	57,388		57,114
Dilutive effect of equity awards	6		11
Weighted average diluted common shares outstanding	57,394		57,125
Diluted earnings per common share	$	0.50	$	0.37
Potentially dilutive share options that were not included in the computation of diluted EPS because to do so would be anti-dilutive	14		27