XML 36 R26.htm IDEA: XBRL DOCUMENT v3.7.0.1
Earnings Per Common Share (Tables)
 3 Months Ended
Mar. 31, 2017
Earnings Per Share [Abstract]  
Calculations for basic and diluted earnings per common share
Presented below are the calculations for basic and diluted earnings per common share.
 
For the Three Months Ended March 31,
 
2017
 
2016
 
(In thousands, except per share data)
Net income
$
56,270

 
$
42,534

Preferred stock dividends
(2,330
)
 
(2,198
)
Net income available to common equity
$
53,940

 
$
40,336

Common shareholder dividends
(18,251
)
 
(16,203
)
Unvested share-based payment awards
(117
)
 
(206
)
Undistributed earnings
$
35,572

 
$
23,927

Undistributed earnings allocated to common shareholders
35,294

 
23,686

Undistributed earnings allocated to unvested share-based payment awards
278

 
241

Undistributed earnings
$
35,572

 
$
23,927

Basic
 
 
 
Distributed earnings to common shareholders
$
18,251

 
$
16,203

Undistributed earnings allocated to common shareholders
35,294

 
23,686

Total common shareholders earnings, basic
$
53,545

 
$
39,889

Diluted
 
 
 
Distributed earnings to common shareholders
$
18,251

 
$
16,203

Undistributed earnings allocated to common shareholders
35,294

 
23,686

Total common shareholders earnings, diluted
$
53,545

 
$
39,889

Weighted average common shares outstanding
150,815

 
148,601

Effect of dilutive common stock awards
3,054

 
853

Diluted weighted average common shares outstanding
153,869

 
149,454

Basic earnings per common share
$
0.36

 
$
0.27

Diluted earnings per common share
$
0.35

 
$
0.27