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Earnings Per Share (Tables)
 6 Months Ended
Jun. 30, 2016
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.
 
 
Three Months Ended June 30,
 
Six Months Ended June 30,
(In thousands, except per share data)
2016
 
2015
 
2016
 
2015
Earnings per common share - basic
 
 
 
 
 
 
 
Net income
$
50,810

 
$
30,836

 
$
93,579

 
$
55,962

Preferred stock dividends
(854
)
 
—

 
(3,430
)
 
—

Dividends and undistributed earnings allocated to unvested restricted shares
(540
)
 
(355
)
 
(1,003
)
 
(675
)
Earnings allocated to common shareholders - basic
$
49,416

 
$
30,481

 
$
89,146

 
$
55,287

Weighted average common shares outstanding
40,771

 
38,546

 
40,741

 
35,871

Earnings per common share - basic
$
1.21

 
$
0.79

 
$
2.19

 
$
1.54

Earnings per common share - diluted
 
 
 
 
 
 
 
Earnings allocated to common shareholders - basic
$
49,416

 
$
30,481

 
$
89,146

 
$
55,287

Dividends and undistributed earnings allocated to unvested restricted shares
(12
)
 
(9
)
 
(13
)
 
(31
)
Earnings allocated to common shareholders - diluted
$
49,404

 
$
30,472

 
$
89,133

 
$
55,256

Weighted average common shares outstanding
40,771

 
38,546

 
40,741

 
35,871

Dilutive potential common shares - stock options
137

 
121

 
86

 
103

Weighted average common shares outstanding - diluted
40,908

 
38,667

 
40,827

 
35,974

Earnings per common share - diluted
$
1.21

 
$
0.79

 
$
2.18

 
$
1.54