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Shareholders' Equity (Tables)
12 Months Ended
Dec. 31, 2015
Stockholders' Equity Note [Abstract]  
Earnings per share
The reconciliation between basic and diluted EPS using the two-class method and treasury stock method is presented as follows:
 
Year Ended December 31,
(In thousands, except per share amounts)
2015
 
2014
 
2013
Basic EPS:
 
 
 
 
 
Net income
$
229,484

 
$
237,951

 
$
183,684

Less:
 
 
 
 
 
Cash dividends on 5.875% non-cumulative perpetual series A, preferred stock
5,876

 
5,876

 
5,337

Income allocated to participating securities
1,836

 
1,930

 
1,545

Net income attributable to common shareholders
$
221,772

 
$
230,145

 
$
176,802

Weighted average Common Stock outstanding used in basic EPS
165,669

 
165,296

 
149,607

Basic net income per common share
$
1.34

 
$
1.39

 
$
1.18

 
 
 
 
 
 
Diluted EPS:
 
 
 
 
 
Income used in diluted earnings per share calculation
$
221,772

 
$
230,145

 
$
176,802

Weighted average Common Stock outstanding used in basic EPS
165,669

 
165,296

 
149,607

Add: Common Stock equivalents:

 

 
 
Employee stock award plans
458

 
758

 
814

Weighted average Common and Common Stock equivalent shares outstanding
166,127

 
166,054

 
150,421

Diluted net income per common share
$
1.33

 
$
1.39

 
$
1.18