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Earnings Per Share (Tables)
6 Months Ended
Jun. 30, 2020
Earnings Per Share [Abstract]  
Reconciliation of Numerator and Denominator of Basic Earnings Per Share with that of Diluted 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