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Basis of Presentation (Tables)
6 Months Ended
Jun. 30, 2019
Accounting Policies [Abstract]  
Schedule of Other Expense (Income), Net
Other expense, net consists of the following ($000’s omitted): 
 
Three Months Ended
 
Six Months Ended
June 30,
 
June 30,
2019
 
2018
 
2019
 
2018
Write-offs of deposits and pre-acquisition costs
$
(2,516
)
 
$
(1,652
)
 
$
(5,433
)
 
$
(4,261
)
Amortization of intangible assets
(3,550
)
 
(3,450
)
 
(7,000
)
 
(6,900
)
Loss on debt retirement (see Note 4)
(4,843
)
 
(76
)
 
(4,843
)
 
(76
)
Interest income
4,471

 
835

 
9,420

 
1,399

Interest expense
(146
)
 
(165
)
 
(290
)
 
(308
)
Equity in earnings of unconsolidated entities
129

 
265

 
165

 
1,226

Miscellaneous, net
2,956

 
2,287

 
3,508

 
5,657

Total other expense, net
$
(3,499
)
 
$
(1,956
)
 
$
(4,473
)
 
$
(3,263
)


Schedule of Earnings Per Share The following table presents the earnings per common share (000's omitted, except per share data):
 
Three Months Ended
 
Six Months Ended
June 30,
 
June 30,
2019
 
2018
 
2019
 
2018
Numerator:
 
 
 
 
 
 
 
Net income
$
241,041

 
$
324,089

 
$
407,798

 
$
494,841

Less: earnings distributed to participating securities
(305
)
 
(300
)
 
(613
)
 
(595
)
Less: undistributed earnings allocated to participating securities
(2,089
)
 
(3,284
)
 
(3,588
)
 
(2,584
)
Numerator for basic earnings per share
$
238,647

 
$
320,505

 
$
403,597

 
$
491,662

Add back: undistributed earnings allocated to participating securities
2,089

 
3,284

 
3,588

 
2,584

Less: undistributed earnings reallocated to participating securities
(2,082
)
 
(3,268
)
 
(3,576
)
 
(2,575
)
Numerator for diluted earnings per share
$
238,654

 
$
320,521

 
$
403,609

 
$
491,671

 
 
 
 
 
 
 
 
Denominator:
 
 
 
 
 
 
 
Basic shares outstanding
276,652

 
285,276

 
277,142

 
285,976

Effect of dilutive securities
932

 
1,378

 
967

 
1,088

Diluted shares outstanding
277,584

 
286,654

 
278,109

 
287,064

 
 
 
 
 
 
 
 
Earnings per share:
 
 
 
 
 
 
 
Basic
$
0.86

 
$
1.12

 
$
1.46

 
$
1.72

Diluted
$
0.86

 
$
1.12

 
$
1.45

 
$
1.71


Schedule of Derivative Instruments in Statement of Financial Position, Fair Value The fair values of derivative instruments and their locations in the Condensed Consolidated Balance Sheets are summarized below ($000’s omitted):
 
 
June 30, 2019
 
December 31, 2018
 
Other Assets
 
Accrued and Other Liabilities
 
Other Assets
 
Accrued and Other Liabilities
Interest rate lock commitments
$
11,402

 
$
370

 
$
9,196

 
$
161

Forward contracts
188

 
3,920

 
315

 
7,229

Whole loan commitments
709

 
401

 
393

 
1,111

 
$
12,299

 
$
4,691

 
$
9,904

 
$
8,501