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Earnings Per Share (Tables)
 9 Months Ended
Sep. 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 September 30,
 
Nine Months Ended September 30,
(In thousands, except per share data)
2016
 
2015
 
2016
 
2015
Earnings per common share - basic
 
 
 
 
 
 
 
Net income
$
48,068

 
$
42,475

 
$
141,647

 
$
98,437

Preferred stock dividends
(3,590
)
 
—

 
(7,020
)
 
—

Dividends and undistributed earnings allocated to unvested restricted shares
(462
)
 
(492
)
 
(1,464
)
 
(1,171
)
Earnings allocated to common shareholders - basic
$
44,016

 
$
41,983

 
$
133,163

 
$
97,266

Weighted average common shares outstanding
40,618

 
40,514

 
40,699

 
37,436

Earnings per common share - basic
$
1.08

 
$
1.04

 
$
3.27

 
$
2.60

Earnings per common share - diluted
 
 
 
 
 
 
 
Earnings allocated to common shareholders - basic
$
44,016

 
$
41,983

 
$
133,163

 
$
97,266

Dividends and undistributed earnings allocated to unvested restricted shares
(4
)
 
(3
)
 
(17
)
 
(41
)
Earnings allocated to common shareholders - diluted
$
44,012

 
$
41,980

 
$
133,146

 
$
97,225

Weighted average common shares outstanding
40,618

 
40,514

 
40,699

 
37,436

Dilutive potential common shares - stock options
193

 
100

 
119

 
96

Weighted average common shares outstanding - diluted
40,811

 
40,614

 
40,818

 
37,532

Earnings per common share - diluted
$
1.08

 
$
1.03

 
$
3.26

 
$
2.59