XML 40 R30.htm IDEA: XBRL DOCUMENT v3.20.2
Earnings Per Common Share (Tables)
6 Months Ended
Jun. 30, 2020
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:
 Three Months Ended June 30,Six Months Ended June 30,
 (In Thousands, except per share data)2020201920202019
Net income$148,718  $84,661  $194,555  $171,347  
Preferred stock dividends(4,144) (3,801) (7,945) (7,601) 
Net income available to common equity$144,573  $80,860  $186,611  $163,746  
Common shareholder dividends(27,667) (27,571) (55,931) (55,650) 
Unvested share-based payment awards(222) (205) (351) (308) 
Undistributed earnings$116,684  $53,085  $130,329  $107,787  
Undistributed earnings allocated to common shareholders$115,750  $52,690  $129,377  $107,098  
Undistributed earnings allocated to unvested share-based payment awards934  395  953  689  
Undistributed earnings$116,684  $53,085  $130,329  $107,787  
Basic
Distributed earnings to common shareholders$27,667  $27,571  $55,931  $55,650  
Undistributed earnings allocated to common shareholders115,750  52,690  129,377  107,098  
Total common shareholders earnings, basic$143,417  $80,261  $185,307  $162,748  
Diluted
Distributed earnings to common shareholders$27,667  $27,571  $55,931  $55,650  
Undistributed earnings allocated to common shareholders115,750  52,690  129,377  107,098  
Total common shareholders earnings, diluted$143,417  $80,261  $185,307  $162,748  
Weighted average common shares outstanding152,393  162,180  153,547  163,049  
Effect of dilutive common stock awards757  1,492  813  1,469  
Diluted weighted average common shares outstanding153,150  163,672  154,360  164,518  
Basic earnings per common share$0.94  $0.49  $1.21  $1.00  
Diluted earnings per common share$0.94  $0.49  $1.20  $0.99