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Earnings Per Share (Tables)
6 Months Ended
Jun. 30, 2018
Earnings Per Share [Abstract]  
Computation of Earnings Per Common Share



 

 

 

 

 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 

 

 

 

 



 

Three Months Ended

 

Six Months Ended



 

June 30,

 

June 30,

(in thousands, except per share data)

 

2018

 

2017

 

2018

 

2017

Numerator:

 

 

 

 

 

 

 

 

 

 

 

 

Net income to common shareholders

 

$

71,177 

 

$

52,267 

 

$

143,652 

 

$

101,281 

Net income allocated to participating securities - basic and diluted

 

 

1,328 

 

 

1,166 

 

 

2,694 

 

 

2,322 

Net income allocated to common shareholders - basic and diluted

 

$

69,849 

 

$

51,101 

 

$

140,958 

 

$

98,959 

Denominator:

 

 

 

 

 

 

 

 

 

 

 

 

Weighted-average common shares - basic

 

$

85,305 

 

$

84,614 

 

$

85,273 

 

$

84,489 

Dilutive potential common shares

 

 

178 

 

 

253 

 

 

178 

 

 

266 

Weighted-average common shares - diluted

 

$

85,483 

 

$

84,867 

 

$

85,451 

 

$

84,755 

Earnings per common share:

 

 

 

 

 

 

 

 

 

 

 

 

Basic

 

$

0.82 

 

$

0.60 

 

$

1.65 

 

$

1.17 

Diluted

 

$

0.82 

 

$

0.60 

 

$

1.65 

 

$

1.17