Earnings Per Common Share (Tables)

9 Months Ended

Sep. 30, 2019

Earnings Per Share [Abstract]

Schedule of Earnings Per Share, Basic and Diluted

The following table shows the calculation of both basic and diluted earnings per common share for the three and nine months ended September 30, 2019 and 2018:

	Three Months Ended September 30,				Nine Months Ended September 30,
	2019		2018		2019		2018
	(in thousands, except for share data)
Net income available to common shareholders	$	78,719	$	66,387	$	262,173	$	174,810
Basic weighted average number of common shares outstanding	331,797,982		331,486,500		331,716,652		331,180,213
Plus: Common stock equivalents	1,607,214		1,513,742		1,322,784		1,513,867
Diluted weighted average number of common shares outstanding	333,405,196		333,000,242		333,039,436		332,694,080
Earnings per common share:
Basic	$	0.24	$	0.20	$	0.79	$	0.53
Diluted	0.24		0.20		0.79		0.53