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Earnings Per Common Share (Tables)
12 Months Ended
Dec. 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 periods indicated:
 
 
Years Ended December 31,
 
 
2019
 
2018
 
2017
 
 
(in thousands except per share amounts)
Basic EPS:
 
 
 
 
 
 
Net income
 
$
194,451

 
$
172,882

 
$
112,828

Less: Earnings allocated to participating securities
 
 
 
 
 
 
Preferred shares
 

 

 
3

Nonvested restricted shares
 
1,530

 
1,892

 
1,501

Earnings allocated to common shareholders
 
$
192,921

 
$
170,990

 
$
111,324

Weighted average common shares outstanding
 
71,999

 
72,385

 
59,882

Basic earnings per common share
 
$
2.68

 
$
2.36

 
$
1.86

Diluted EPS:
 
 
 
 
 
 
Earnings allocated to common shareholders
 
$
192,921

 
$
170,990

 
$
111,324

Weighted average common shares outstanding
 
71,999

 
72,385

 
59,882

Dilutive effect of equity awards and warrants
 
33

 
5

 
6

Weighted average diluted common shares outstanding
 
72,032

 
72,390

 
59,888

Diluted earnings per common share
 
$
2.68

 
$
2.36

 
$
1.86

Potentially dilutive share options that were not included in the computation of diluted EPS because to do so would be anti-dilutive
 
8

 
4

 
13