Earnings Per Common Share (Tables)

6 Months Ended

Jun. 30, 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 June 30,						For the Six Months Ended June 30,
	2019			2018			2019			2018
	(In Thousands, except per share data)
Net income	$	84,661		$	89,192		$	171,347		$	158,648
Preferred stock dividends	(3,801		)	(2,329		)	(7,601		)	(4,668		)
Net income available to common equity	$	80,860		$	86,863		$	163,746		$	153,980
Common shareholder dividends	(27,571		)	(25,977		)	(55,650		)	(51,549		)
Unvested share-based payment awards	(205		)	(130		)	(308		)	(269		)
Undistributed earnings	$	53,085		$	60,756		$	107,787		$	102,162
Undistributed earnings allocated to common shareholders	52,690			60,446			107,098			101,677
Undistributed earnings allocated to unvested share-based payment awards	395			310			689			485
Undistributed earnings	$	53,085		$	60,756		$	107,787		$	102,162
Basic
Distributed earnings to common shareholders	$	27,571		$	25,977		$	55,650		$	51,549
Undistributed earnings allocated to common shareholders	52,690			60,446			107,098			101,677
Total common shareholders earnings, basic	$	80,261		$	86,423		$	162,748		$	153,226
Diluted
Distributed earnings to common shareholders	$	27,571		$	25,977		$	55,650		$	51,549
Undistributed earnings allocated to common shareholders	52,690			60,446			107,098			101,677
Total common shareholders earnings, diluted	$	80,261		$	86,423		$	162,748		$	153,226
Weighted average common shares outstanding	162,180			170,633			163,049			167,096
Effect of dilutive common stock awards	1,492			2,146			1,469			2,080
Effect of dilutive common stock warrants	—			630			—			744
Diluted weighted average common shares outstanding	163,672			173,409			164,518			169,920
Basic earnings per common share	$	0.49		$	0.51		$	1.00		$	0.92
Diluted earnings per common share	$	0.49		$	0.50		$	0.99		$	0.90