Earnings per Common Share (Tables)

3 Months Ended

Mar. 31, 2019

Earnings Per Share [Abstract]

Schedule of Basic and Diluted Earnings Per Share

The following table sets forth the computation of basic and diluted EPS for the three months ended March 31, 2019 and 2018:

	Three Months Ended
	March 31,
	2019		2018
	(in thousands except per share amounts)
Basic EPS:
Net income	$	45,871	$	39,970
Less: Earnings allocated to participating securities:
Nonvested restricted shares	456		437
Earnings allocated to common shareholders	$	45,415	$	39,533
Weighted average common shares outstanding	72,521		72,300
Basic earnings per common share	$	0.63	$	0.55
Diluted EPS:
Earnings allocated to common shareholders	$	45,415	$	39,533
Weighted average common shares outstanding	72,521		72,300
Dilutive effect of equity awards	3		5
Weighted average diluted common shares outstanding	72,524		72,305
Diluted earnings per common share	$	0.63	$	0.55
Potentially dilutive share options that were not included in the computation of diluted EPS because to do so would be anti-dilutive	—		12