Earnings Per Share (Tables)

12 Months Ended

Dec. 31, 2016

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 2016 , 2015 and 2014:

(In thousands, except per share data)		2016		2015		2014
Net income		$	206,875	$	156,749	$	151,398
Less: Preferred stock dividends		14,513		10,869		6,323
Net income applicable to common shares—Basic	(A)	$	192,362	$	145,880	$	145,075
Add: Dividends on convertible preferred stock, if dilutive		6,313		6,314		6,323
Net income applicable to common shares—Diluted	(B)	$	198,675	$	152,194	$	151,398
Weighted average common shares outstanding	(C)	50,278		47,838		46,524
Effect of dilutive potential common shares:
Common stock equivalents		894		1,029		1,246
Convertible preferred stock, if dilutive		3,100		3,070		3,075
Total dilutive potential common shares		3,994		4,099		4,321
Weighted average common shares and effect of dilutive potential common shares	(D)	54,272		51,937		50,845
Net income per common share:
Basic	(A/C)	$	3.83	$	3.05	$	3.12
Diluted	(B/D)	3.66		2.93		2.98