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Summary Of Significant Accounting Policies (Tables)
12 Months Ended
Dec. 31, 2019
Computation of Basic and Diluted Earnings (Loss) Per Common Share
The following table presents the Company’s computation of basic and diluted earnings per common share for the years ended December 31, 2019, 2018, and 2017:
 
Years Ended December 31,
 
(in thousands, except share and per share amounts)
 
2019
   
2018
   
2017
 
Net income available to common shareholders
   
$
362,215
     
$
389,589
     
$
441,580
 
Less: Dividends paid on and earnings allocated to participating securities
   
(4,333
)    
(4,871
)    
(3,554
)
                         
Earnings applicable to common stock
   
$
357,882
     
$
384,718
     
$
438,026
 
                         
Weighted average common shares outstanding
   
465,380,010
     
487,287,872
     
487,073,951
 
                         
Basic earnings per common share
   
$
0.77
     
$
0.79
     
$
0.90
 
                         
Earnings applicable to common stock
   
$
357,882
     
$
384,718
     
$
438,026
 
                         
Weighted average common shares outstanding
   
465,380,010
     
487,287,872
     
487,073,951
 
Potential dilutive common shares
   
283,322
     
—  
     
—  
 
                         
Total shares for diluted earnings per common share computation
   
465,663,332
     
487,287,872
     
487,073,951
 
                         
Diluted earnings per common share and common share equivalent
s
   
$
0.77
     
$
0.79
     
$
0.90