XML 50 R34.htm IDEA: XBRL DOCUMENT v3.10.0.1
Earnings per Share Earnings per Share (Tables)
12 Months Ended
Dec. 31, 2018
Loss per Share [Abstract]  
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]
The table below presents a reconciliation between basic and diluted weighted average shares outstanding, net income available to common shareholders and basic and diluted income per share for the years ended December 31, 2018, 2017 and 2016:
 
Year Ended December 31,
(In thousands, except per share amounts)
2018
 
2017
 
2016
NUMERATOR
 
 
 
 
 
Net income
$
107,663

 
$
72,081

 
$
56,609

Preferred stock dividends (a)

 
(3,656
)
 
(4,875
)
Excess of fair value over book value of preferred shares redeemed

 
(2,257
)
 

Net income available to common shareholders
107,663

 
66,168

 
51,734

Interest on 3.25% convertible senior subordinated notes due 2017 (b)

 
1,106

 
1,520

Interest on 3.00% convertible senior subordinated notes due 2018 (c)
407

 
2,113

 
2,050

Diluted income available to common shareholders
$
108,070

 
$
69,387

 
$
55,304

DENOMINATOR
 
 
 
 
 
Basic weighted average shares outstanding
28,234

 
25,769

 
24,666

Effect of dilutive securities:
 
 
 
 
 
Stock option awards
295

 
342

 
216

Deferred compensation awards
219

 
221

 
149

3.25% convertible senior subordinated notes due 2017 (b)

 
1,687

 
2,416

3.00% convertible senior subordinated notes due 2018 (c)
430

 
2,669

 
2,669

Diluted weighted average shares outstanding - adjusted for assumed conversions
29,178

 
30,688

 
30,116

Earnings per common share
 
 
 
 
 
Basic
$
3.81

 
$
2.57

 
$
2.10

Diluted
$
3.70

 
$
2.26

 
$
1.84

Anti-dilutive equity awards not included in the calculation of diluted earnings per common share
381

 
23

 
1,273