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Earnings Per Share
6 Months Ended
Jun. 30, 2020
Earnings Per Share [Abstract]  
Earnings Per Share
19. EARNINGS PER SHARE
The reconciliation of the numerator and denominator of basic earnings per share with that of diluted earnings per share is presented as follows:
 
 
  
Three Months Ended
 
  
Six Months Ended
 
 
  
June 30
 
  
June 30
 
 
  
2020
 
  
2019
 
  
2020
 
  
2019
 
Distributed earnings allocated to common stock
  
$
45,298
 
  
$
34,604
 
  
$
80,785
 
  
$
69,276
 
Undistributed earnings allocated to common stock
  
 
7,262
 
  
 
32,446
 
  
 
11,840
 
  
 
61,276
 
  
 
 
    
 
 
    
 
 
    
 
 
 
Net earnings allocated to common shareholders
  
$
52,560
 
  
$
67,050
 
  
$
92,625
 
  
$
130,552
 
  
 
 
    
 
 
    
 
 
    
 
 
 
Average common shares outstanding
  
 
119,823,652
 
  
 
101,773,643
 
  
 
110,559,363
 
  
 
101,833,880
 
Equivalents from stock options
  
 
64,171
 
  
 
274,202
 
  
 
65,613
 
  
 
265,929
 
  
 
 
    
 
 
    
 
 
    
 
 
 
Average diluted shares outstanding
  
 
119,887,823
 
  
 
102,047,845
 
  
 
110,624,976
 
  
 
102,099,809
 
  
 
 
    
 
 
    
 
 
    
 
 
 
Earnings per basic common share
  
$
0.44
 
  
$
0.66
 
  
$
0.84
 
  
$
1.28
 
Earnings per diluted common share
  
$
0.44
 
  
$
0.66
 
  
$
0.84
 
  
$
1.28