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Earnings Per Share (Tables)
12 Months Ended
Dec. 31, 2015
Earnings Per Share [Abstract]  
Schedule of Calculation of Basic and Diluted Earnings Per Share
The following table presents the calculation of basic and diluted earnings per share for the periods indicated.
 
For the Years Ended December 31,
(In thousands, except per share data)
2015
 
2014
 
2013
Earnings per common share - basic
 
 
 
 
 
Net income
$
142,844

 
$
105,382

 
$
65,128

Dividends and undistributed earnings allocated to unvested restricted shares
(1,680
)
 
(1,651
)
 
(1,205
)
Net income allocated to common shareholders - basic
$
141,164

 
$
103,731

 
$
63,923

Weighted average common shares outstanding
38,214

 
31,307

 
29,052

Earnings per common share - basic
3.69

 
3.31

 
2.20

 


 


 


Earnings per common share - diluted
 
 
 
 
 
Net income allocated to common shareholders - basic
$
141,164

 
$
103,731

 
$
63,923

Dividends and undistributed earnings allocated to unvested restricted shares
(48
)
 
(34
)
 
(4
)
Net income allocated to common shareholders - diluted
$
141,116

 
$
103,697

 
$
63,919

Weighted average common shares outstanding
38,214

 
31,307

 
29,052

Dilutive potential common shares
96

 
126

 
53

Weighted average common shares outstanding - diluted
38,310

 
31,433

 
29,105

Earnings per common share outstanding - diluted
$
3.68

 
$
3.30

 
$
2.20