XML 74 R62.htm IDEA: XBRL DOCUMENT v3.5.0.2
Earnings per Common Share (Details) - USD ($)
$ / shares in Units, shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Sep. 30, 2016
Sep. 30, 2015
Numerator:        
Net income $ 56,965 $ 45,724 $ 180,085 $ 184,439
Preferred stock dividends 5,316 4,913 15,698 14,606
Net income attributable to SLM Corporation common stock $ 51,649 $ 40,811 $ 164,387 $ 169,833
Denominator:        
Weighted average shares used to compute basic EPS (in shares) 428,077 426,019 427,711 425,384
Effect of dilutive securities:        
Dilutive effect of stock options, restricted stock and restricted stock units and Employee Stock Purchase Plan (ESPP) (in shares) 5,446 6,528 4,368 7,147
Weighted average shares used to compute diluted EPS (in shares) 433,523 432,547 432,079 432,531
Basic earnings per common share attributable to SLM Corporation (in dollars per share) $ 0.12 $ 0.10 $ 0.38 $ 0.40
Diluted earnings per common share attributable to SLM Corporation (in dollars per share) $ 0.12 $ 0.09 $ 0.38 $ 0.39
Securities excluded from computation of EPS (in shares) 1,000 2,000 1,000 2,000