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Earnings Per Common Share (Tables)
9 Months Ended
Sep. 30, 2020
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.
Three Months Ended
September 30,
Nine Months Ended
September 30,
2020201920202019
Net income$95,056 $111,836 $242,881 $339,918 
Less: Preferred stock dividends— 2,016 2,016 6,047 
Redemption of preferred stock— — 5,514 — 
Net income available to common shareholders95,056 109,820 235,351 333,871 
Less: Earnings allocated to participating securities877 876 2,236 2,761 
Net earnings allocated to common stock$94,179 $108,944 $233,115 $331,110 
Distributed earnings allocated to common stock$44,546 $44,370 $133,511 $131,069 
Undistributed earnings allocated to common stock49,633 64,574 99,604 200,041 
Net earnings allocated to common stock$94,179 $108,944 $233,115 $331,110 
Weighted-average shares outstanding for basic earnings per common share
62,726,542 62,566,128 62,655,393 62,786,501 
Dilutive effect of stock compensation193,116 592,866 263,028 725,911 
Weighted-average shares outstanding for diluted earnings per common share
62,919,658 63,158,994 62,918,421 63,512,412