Earnings Per Common Share (Tables)

6 Months Ended

Jun. 30, 2021

Earnings Per Share [Abstract]

Earnings Per Share Basic And Diluted

A reconciliation of the calculation of basic and diluted earnings per common share is as follows:

	Three months ended June 30,				Six months ended June 30,
(In thousands, except per share data)	2021		2020		2021		2020
Earnings for basic and diluted earnings per common share:
Net income	$	94,035	$	53,097	$	202,113	$	91,296
Less: Preferred stock dividends	1,969		1,969		3,938		3,938
Net income available to common shareholders	92,066		51,128		198,175		87,358
Less: Earnings applicable to participating securities (1)	511		399		1,090		592
Earnings applicable to common shareholders	$	91,555	$	50,729	$	197,085	$	86,766
Shares:
Weighted-average common shares outstanding - basic	90,027		89,485		89,918		90,206
Effect of dilutive securities	194		85		246		185
Weighted-average common shares outstanding - diluted	90,221		89,570		90,164		90,391
Earnings per common share (1):
Basic	$	1.02	$	0.57	$	2.19	$	0.96
Diluted	1.01		0.57		2.19		0.96

(1)Earnings per common share amounts under the two-class method for unvested time-based restricted stock with non-forfeitable dividends and dividend rights are computed the same as the presentation above.