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Earnings Per Share (Tables)
12 Months Ended
Dec. 31, 2014
Earnings Per Share [Abstract]  
Computation of Basic and Diluted Earnings Per Common Share
The following table sets forth the computation of basic and diluted earnings per common share for 2014 , 2013 and 2012:
 
(In thousands, except per share data)
 
  
 
2014
 
2013
 
2012
Net income
 
 
 
$
151,398

 
$
137,210

 
$
111,196

Less: Preferred stock dividends and discount accretion
 
 
 
6,323

 
8,395

 
9,093

Net income applicable to common shares—Basic
 
(A)
 
145,075

 
128,815

 
102,103

Add: Dividends on convertible preferred stock, if dilutive
 
 
 
6,323

 
8,325

 
8,955

Net income applicable to common shares—Diluted
 
(B)
 
151,398

 
137,140

 
111,058

Weighted average common shares outstanding
 
(C)
 
46,524

 
38,699

 
36,365

Effect of dilutive potential common shares:
 
 
 
 
 
 
 
 
Common stock equivalents
 
 
 
1,246

 
7,108

 
7,313

Convertible preferred stock, if dilutive
 
 
 
3,075

 
4,141

 
4,356

Total dilutive potential common shares
 
 
 
4,321

 
11,249

 
11,669

Weighted average common shares and effect of dilutive potential common shares
 
(D)
 
50,845

 
49,948

 
48,034

Net income per common share:
 
 
 
 
 
 
 
 
Basic
 
(A/C)
 
$
3.12

 
$
3.33

 
$
2.81

Diluted
 
(B/D)
 
$
2.98

 
$
2.75

 
$
2.31