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Earnings Per Share (Tables)
 3 Months Ended
Mar. 31, 2017
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:

 

 

Three Months Ended March 31,

 

 

 

2017

 

 

 

2016

 

 

(In thousands, except per share amounts)

 

Net income

$

42,463

 

 

$

28,963

 

 

 

 

 

 

 

 

 

Basic weighted average shares outstanding

 

36,850

 

 

 

36,775

 

Dilutive effect of stock options and restricted stock

 

1,262

 

 

 

896

 

Diluted weighted average shares outstanding

 

38,112

 

 

 

37,671

 

 

 

 

 

 

 

 

 

Basic earnings per share

$

1.15

 

 

$

0.79

 

Diluted earnings per share

$

1.11

 

 

$

0.77