XML 122 R102.htm IDEA: XBRL DOCUMENT v3.8.0.1
Earnings Per Common Share (Schedule of Basic and Diluted Earnings Per Share) (Details) - USD ($)
$ / shares in Units, shares in Thousands, $ in Thousands
3 Months Ended 12 Months Ended
Dec. 31, 2017
[1]
Sep. 30, 2017
[2]
Jun. 30, 2017
Mar. 31, 2017
Dec. 31, 2016
Sep. 30, 2016
Jun. 30, 2016
Mar. 31, 2016
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Earnings Per Share, Basic, by Common Class, Including Two Class Method [Line Items]                      
Basic earnings allocated to common shareholders                 $ 111,324 $ 103,310 $ 97,577
Net income $ 15,728 $ 40,769 $ 27,132 $ 29,199 $ 30,718 $ 27,484 $ 25,405 $ 21,259 112,828 104,866 98,827
Earnings allocated to participating securities - preferred shares                 3 185 175
Earnings allocated to participating securities - nonvested restricted shares                 $ 1,501 $ 1,371 $ 1,075
Weighted average common shares outstanding                 59,882 57,184 57,019
Basic earnings per common share $ 0.23 [3] $ 0.70 [3] $ 0.47 [3] $ 0.50 [3] $ 0.53 [3] $ 0.47 [3] $ 0.44 [3] $ 0.37 [3] $ 1.86 [3] $ 1.81 [3] $ 1.71
Earnings allocated to common shareholders, Diluted                 $ 111,324 $ 103,310 $ 97,577
Weighted average number of common shares outstanding                 59,882 57,184 57,019
Dilutive effect of equity awards and warrants                 6 9 13
Weighted average diluted common shares outstanding                 59,888 57,193 57,032
Diluted earnings per common share $ 0.23 [3] $ 0.70 [3] $ 0.47 [3] $ 0.50 [3] $ 0.53 [3] $ 0.47 [3] $ 0.44 [3] $ 0.37 [3] $ 1.86 [3] $ 1.81 [3] $ 1.71
Potentially dilutive share options that were not included in the computation of diluted EPS because to do so would be anti-dilutive.                 13 19 37
[1] During the fourth quarter of 2017, Columbia acquired Pacific Continental Corporation and also recorded a charge through provision for income taxes related to the re-measurement of our deferred tax assets pursuant to the newly enacted Tax Cuts and Jobs Act. See Note 2, “Business Combinations” for further information regarding this acquisition. See Note 24, “Income Tax” for further information regarding the re-measurement of our deferred tax assets.
[2] During the third quarter of 2017, Columbia sold its merchant card services portfolio. See Note 1, “Summary of Significant Accounting Policies” for further information regarding this transaction.
[3] Due to averaging of shares, quarterly earnings per share may not add up to the totals reported for the full year.