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Earnings per Share (Tables)
12 Months Ended
Dec. 31, 2014
Earnings Per Share [Abstract]  
Computation of Basic and Diluted Earnings per Share

The following table sets forth the computation of basic and diluted earnings per common share:
Year Ended December 31,
2014
 
2013
 
2012
Net income
$
84,401

 
$
86,136

 
$
58,224

Less preferred stock dividends

 

 
3,300

Net income available to common shareholders, basic and diluted
$
84,401

 
$
86,136

 
$
54,924

 
 
 
 
 
 
Weighted average common shares outstanding for basic earnings per share computation
44,615,060

 
43,566,681

 
42,965,987

Dilutive effects of stock-based compensation
595,501

 
477,921

 
126,991

Weighted average common shares outstanding for diluted earnings per common share computation
45,210,561

 
44,044,602

 
43,092,978

 
 
 
 
 
 
Basic earnings per common share
$
1.89

 
$
1.98

 
$
1.28

Diluted earnings per common share
1.87

 
1.96

 
1.27