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Earnings per Share (EPS) (Tables)
6 Months Ended
Jun. 30, 2017
Earnings Per Share [Abstract]  
Schedule of reconciliation of net income and weighted average common shares outstanding used in computations of basic and diluted earnings per common share
The following table reconciles the net income and the weighted average common shares outstanding used in the computations of basic and diluted earnings per common share:
 
 
 
Three Months Ended 
 June 30,
 
Six Months Ended 
 June 30,
(In thousands, except per share amounts)
 
2017
 
2016
 
2017
 
2016
Net income
 
$
72,118

 
$
52,258

 
$
138,716

 
$
100,209

Less: dividends declared
 

 

 

 

Net income available to common shareholders
 
$
72,118


$
52,258


$
138,716


$
100,209

Basic earnings per share
 
$
0.79

 
$
0.57

 
$
1.52

 
$
1.10

Diluted earnings per share
 
$
0.77

 
$
0.57

 
$
1.49

 
$
1.09

Basic weighted average shares outstanding
 
91,381

 
90,912

 
91,320

 
90,848

Dilutive effect of nonvested shares
 
1,781


1,226


1,773


1,151

Diluted weighted average shares outstanding
 
93,162

 
92,138

 
93,093

 
91,999