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Common Stock (Tables)
6 Months Ended
Jun. 30, 2012
Common Stock [Abstract]  
Summary Of Components Used To Calculate Basic And Diluted Income Per Share
Presented below is a summary of the components used to calculate basic and diluted income per share. The Company applies the two-class method of computing income per share, as nonvested share-based awards that contain nonforfeitable rights to dividends are considered securities which participate in undistributed earnings with common stock. The two-class method requires the calculation of separate income per share amounts for the nonvested share-based awards and for common stock. Income per share attributable to common stock is shown in the table below. Nonvested share-based awards are further discussed in Note 11.
 
For the Three Months Ended June 30
 
For the Six Months Ended June 30
(In thousands, except per share data)
2012
2011
 
2012
2011
Basic income per common share:
 
 
 
 
 
Net income attributable to Commerce Bancshares, Inc.
$
70,733

$
69,034

 
$
136,532

$
129,487

Less income allocated to nonvested restricted stockholders
666

501

 
1,228

905

  Net income available to common stockholders
$
70,067

$
68,533

 
$
135,304

$
128,582

Weighted average common shares outstanding
87,404

90,866

 
87,812

90,829

   Basic income per common share
$
.80

$
.76

 
$
1.54

$
1.42

Diluted income per common share:
 
 
 
 
 
Net income attributable to Commerce Bancshares, Inc.
$
70,733

$
69,034

 
$
136,532

$
129,487

Less income allocated to nonvested restricted stockholders
665

499

 
1,226

902

  Net income available to common stockholders
$
70,068

$
68,535

 
$
135,306

$
128,585

Weighted average common shares outstanding
87,404

90,866

 
87,812

90,829

  Net effect of the assumed exercise of stock-based awards - based on
 
 
 
 
 
    the treasury stock method using the average market price for the respective periods
268

408

 
302

397

  Weighted average diluted common shares outstanding
87,672

91,274

 
88,114

91,226

    Diluted income per common share
$
.80

$
.75

 
$
1.54

$
1.41