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Earnings Per Share (Tables)
3 Months Ended
Mar. 31, 2018
Earnings Per Share [Abstract]  
Computation of Earnings Per Common Share



 

 

 

 

 

 



 

 

 

 

 

 



 

Three Months Ended



 

March 31,

(in thousands, except per share data)

 

2018

 

2017

Numerator:

 

 

 

 

 

 

Net income to common shareholders

 

$

72,475 

 

$

49,014 

Net income allocated to participating securities - basic and diluted

 

 

1,366 

 

 

1,156 

Net income allocated to common shareholders - basic and diluted

 

$

71,109 

 

$

47,858 

Denominator:

 

 

 

 

 

 

Weighted-average common shares - basic

 

$

85,241 

 

$

84,365 

Dilutive potential common shares

 

 

182 

 

 

259 

Weighted-average common shares - diluted

 

$

85,423 

 

$

84,624 

Earnings per common share:

 

 

 

 

 

 

Basic

 

$

0.83 

 

$

0.57 

Diluted

 

$

0.83 

 

$

0.57