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Earnings Per Share
9 Months Ended
Sep. 30, 2018
Earnings Per Share [Abstract]  
Earnings Per Share
Earnings Per Share
The computations of basic and diluted earnings per share are noted in the table below. Basic earnings per share are computed by dividing the net income available to common stockholders by the weighted average number of common shares outstanding during the period. Diluted earnings per share reflects the potential dilution that could occur if securities or other contracts were exercised or converted into common stock. RSAs are included in the weighted average common shares outstanding because the shares have all the same voting and dividend rights as issued and unrestricted common stock. RSUs are not included in diluted shares for financial reporting until authorized by the Organization & Compensation Committee of the Board of Directors.
 
Three Months Ended September 30
 
2018
 
2017
 
(In thousands, except per share data)
Net income available to common stockholders
$
34,392

 
$
33,849

Weighted average common shares outstanding, basic
48,070

 
48,017

Weighted average common shares outstanding, dilutive
48,070

 
48,017

Earnings per share - basic
$
0.72

 
$
0.70

Earnings per share - diluted
$
0.72

 
$
0.70

 
Nine Months Ended September 30
 
2018
 
2017
 
(In thousands, except per share data)
Net income available to common stockholders
$
44,869

 
$
53,512

Weighted average common shares outstanding, basic
48,058

 
48,007

Weighted average common shares outstanding, dilutive
48,058

 
48,007

Earnings per share - basic
$
0.93

 
$
1.11

Earnings per share - diluted
$
0.93

 
$
1.11