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



 

 

 

 

 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 

 

 

 

 



 

Three Months Ended

 

Nine Months Ended



 

September 30,

 

September 30,

(in thousands, except per share data)

 

2018

 

2017

 

2018

 

2017

Numerator:

 

 

 

 

 

 

 

 

 

 

 

 

Net income to common shareholders

 

$

83,878 

 

$

58,902 

 

$

227,530 

 

$

160,183 

Net income allocated to participating securities - basic and diluted

 

 

1,544 

 

 

1,244 

 

 

4,238 

 

 

3,566 

Net income allocated to common shareholders - basic and diluted

 

$

82,334 

 

$

57,658 

 

$

223,292 

 

$

156,617 

Denominator:

 

 

 

 

 

 

 

 

 

 

 

 

Weighted-average common shares - basic

 

$

85,348 

 

$

84,749 

 

$

85,298 

 

$

84,577 

Dilutive potential common shares

 

 

191 

 

 

231 

 

 

184 

 

 

241 

Weighted-average common shares - diluted

 

$

85,539 

 

$

84,980 

 

$

85,482 

 

$

84,818 

Earnings per common share:

 

 

 

 

 

 

 

 

 

 

 

 

Basic

 

$

0.96 

 

$

0.68 

 

$

2.62 

 

$

1.85 

Diluted

 

$

0.96 

 

$

0.68 

 

$

2.61 

 

$

1.85