Earnings Per Share (Tables)

12 Months Ended

Dec. 31, 2020

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 2020, 2019 and 2018:

(In thousands, except per share data)		2020		2019		2018
Net income		$	292,990	$	355,697	$	343,166
Less: Preferred stock dividends		21,377		8,200		8,200
Net income applicable to common shares	(A)	$	271,613	$	347,497	$	334,966
Weighted average common shares outstanding	(B)	57,523		56,857		56,300
Effect of dilutive potential common shares:
Common stock equivalents		496		762		908
Weighted average common shares and effect of dilutive potential common shares	(C)	58,019		57,619		57,208
Net income per common share:
Basic	(A/B)	$	4.72	$	6.11	$	5.95
Diluted	(A/C)	4.68		6.03		5.86