Earnings Per Common Share (Tables)

3 Months Ended

Mar. 31, 2019

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,
	2019			2018
	(In Thousands, except per share data)
Net income	$	86,686		$	69,456
Preferred stock dividends	(3,801		)	(2,339		)
Net income available to common equity	$	82,885		$	67,117
Common shareholder dividends	(28,080		)	(25,572		)
Unvested share-based payment awards	(103		)	(138		)
Undistributed earnings	$	54,702		$	41,407
Undistributed earnings allocated to common shareholders	54,410			41,225
Undistributed earnings allocated to unvested share-based payment awards	292			182
Undistributed earnings	$	54,702		$	41,407
Basic
Distributed earnings to common shareholders	$	28,080		$	25,572
Undistributed earnings allocated to common shareholders	54,410			41,225
Total common shareholders earnings, basic	$	82,490		$	66,797
Diluted
Distributed earnings to common shareholders	$	28,080		$	25,572
Undistributed earnings allocated to common shareholders	54,410			41,225
Total common shareholders earnings, diluted	$	82,490		$	66,797
Weighted average common shares outstanding	163,928			163,520
Effect of dilutive common stock awards	1,505			2,038
Effect of dilutive common stock warrants	—			874
Diluted weighted average common shares outstanding	165,433			166,432
Basic earnings per common share	$	0.50		$	0.41
Diluted earnings per common share	$	0.50		$	0.40