Earnings Per Share (Tables)

3 Months Ended

Mar. 31, 2019

Earnings Per Share [Abstract]

Schedule of Earnings Per Share Basic And Diluted

The following table sets forth the computation of basic and diluted net income per common share under the two-class method for the three months ended March 31, 2019 and March 31, 2018, respectively:

	Three months ended March 31,
	2019		2018
Basic Earnings Per Share
Net Income	$	104,280,411	$	111,248,743
Less: Allocated to participating securities	1,081,933		833,316
Net Income available to common shareholders	$	103,198,478	$	110,415,427
Basic weighted average shares outstanding	257,822,836		274,759,516
Net Income per share - Basic	$	0.40	$	0.40
Diluted Earnings Per Share
Allocation of Net Income used in basic computation	$	103,198,478	$	110,415,427
Reallocation of undistributed earnings	3,813		6,011
Net Income per share - Diluted	$	103,202,291	$	110,421,438
Number of shares used in basic computation	257,822,836		274,759,516
Additional dilutive common stock equivalents	1,282,396		2,749,912
Diluted weighted average shares outstanding	259,105,232		277,509,428
Net income per share - Diluted	$	0.40	$	0.40
Shares related to stock plans not included in diluted average common shares outstanding because their effect would be anti-dilutive	1,799,477		156,467