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Earnings per Common Share (Tables)
12 Months Ended
Dec. 31, 2016
Earnings Per Share [Abstract]  
Net Income, Weighted Average Common Shares Used In Calculating Basic Earnings Per Common Share And Diluted EPS
The following table presents net income, the weighted average common shares used in calculating basic earnings per common share ("EPS") and those used in calculating diluted EPS for each period presented below.
 
Years Ended December 31,
 
2016
 
2015
 
2014
Numerator
 
 
 
 
 
Net income
$
565,350

 
$
141,555

 
$
470,907

Deduct dividends paid
(125,346
)
 
(94,168
)
 
(77,495
)
Undistributed earnings
$
440,004

 
$
47,387

 
$
393,412

Denominator
 
 
 
 
 
Weighted average shares outstanding used in basic earnings per share
  calculations
61,261,288

 
68,163,825

 
72,181,447

Incremental common shares from:
 
 
 
 
 
PSUs
632,731

 
789,547

 
905,648

ESPP
40,755

 
63,837

 
64,915

Weighted average shares used in diluted earnings per share calculations
61,934,774

 
69,017,209

 
73,152,010

Earnings per common share – Basic
 
 
 
 
 
Distributed earnings
$
2.05

 
$
1.38

 
$
1.06

Undistributed earnings
7.18

 
0.70

 
5.46

Net income
$
9.23

 
$
2.08

 
$
6.52

Earnings per common share – Diluted
 
 
 
 
 
Distributed earnings
$
2.03

 
$
1.36

 
$
1.06

Undistributed earnings
7.10

 
0.69

 
5.38

Net income
$
9.13

 
$
2.05

 
$
6.44