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STOCKHOLDERS' EQUITY AND EARNINGS PER SHARE (Tables)
12 Months Ended
Dec. 31, 2015
STOCKHOLDERS' EQUITY AND EARNINGS PER SHARE  
Earnings per share calculations
The following table presents EPS calculations for the years ended December 31, 2015, 2014 and 2013:
 
 
 
Year Ended December 31,
($ in thousands, except per share data, shares in thousands)
 
2015
 
2014
 
2013
Basic
 
 
 
 
 
 
Net income (1)
 
$
384,677

 
$
345,878

 
$
293,324

Less: Preferred stock dividends
 

 

 
3,428

          Earnings allocated to participating securities
 
3

 
506

 
1,682

Net income allocated to common stockholders (1)
 
$
384,674

 
$
345,372

 
$
288,214

 
 
 
 
 
 
 
Basic weighted-average common shares outstanding
 
143,818

 
142,952

 
137,342

Basic EPS (1)
 
$
2.67

 
$
2.42

 
$
2.10

 
 
 
 
 
 
 
Diluted
 
 
 
 
 
 
Net income allocated to common stockholders (1)
 
$
384,674

 
$
345,372

 
$
288,214

Add: Convertible preferred stock dividends
 

 

 
3,428

Net income allocated to diluted common stockholders (1)
 
$
384,674

 
$
345,372

 
$
291,642

 
 
 
 
 
 
 
Basic weighted-average common shares outstanding
 
143,818

 
142,952

 
137,342

Diluted potential common shares (2)
 
694

 
611

 
2,232

Diluted weighted-average common shares outstanding
 
144,512

 
143,563

 
139,574

Diluted EPS (1)
 
$
2.66

 
$
2.41

 
$
2.09

 
(1)
Prior periods were restated to reflect the retrospective application of adopting the new accounting guidance related to the Company’s investments in qualified affordable housing projects ASU 2014-01. Please see Note 9 Investments in Qualified Affordable Housing Partnerships, Tax Credit and Other Investments, Net to the Consolidated Financial Statements for additional information.
(2)
Includes dilutive shares from stock options, and RSUs for the years ended December 31, 2015, 2014 and 2013. Also includes dilutive shares from warrants for the years ended December 31,