Earnings Per Common Share (Tables)

12 Months Ended

Dec. 31, 2018

Earnings Per Share [Abstract]

Basic and Diluted Earnings Per Common Share

The following table presents a reconciliation of net income available to common shareholders, net earnings allocated to common stock and the number of shares used in the calculation of basic and diluted earnings per common share.

	2018		2017		2016
Net Income	$	454,918	$	364,149	$	304,261
Less: Preferred stock dividends	8,063		8,063		8,063
Net income available to common shareholders	446,855		356,086		296,198
Less: Earnings allocated to participating securities	3,169		2,016		1,145
Net earnings allocated to common stock	$	443,686	$	354,070	$	295,053
Distributed earnings allocated to common stock	$	164,268	$	143,356	$	134,374
Undistributed earnings allocated to common stock	279,418		210,714		160,679
Net earnings allocated to common stock	$	443,686	$	354,070	$	295,053
Weighted-average shares outstanding for basic earnings per common share	63,704,508		63,693,927		62,376,260
Dilutive effect of stock compensation	982,208		968,161		592,615
Weighted-average shares outstanding for diluted earnings per common share	64,686,716		64,662,088		62,968,875