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Earnings Per Common Share (Tables)
 12 Months Ended
Dec. 31, 2015
Earnings Per Share [Abstract]  
Reconciliation of basic and diluted EPS
The following table is a reconciliation of basic and diluted EPS for the years indicated.
 
For the Year Ended December 31,
(In Thousands, Except Share Data)
2015
 
2014
 
2013
Net income
$
88,075

 
$
95,916

 
$
66,593

Preferred stock dividends
(8,775
)
 
(8,775
)
 
(7,214
)
Net income available to common shareholders
79,300

 
87,141

 
59,379

Income allocated to participating securities
(726
)
 
(973
)
 
(720
)
Net income allocated to common shareholders
$
78,574

 
$
86,168

 
$
58,659

 
 
 
 
 
 
Basic weighted average common shares outstanding
99,612,473

 
98,384,443

 
97,121,497

Dilutive effect of stock options and restricted stock units (1) (2)
357,365

 
—

 
—

Diluted weighted average common shares outstanding
99,969,838

 
98,384,443

 
97,121,497

 
 
 
 
 
 
Basic EPS
$
0.79

 
$
0.88

 
$
0.60

Diluted EPS
$
0.79

 
$
0.88

 
$
0.60


(1)
Excludes options to purchase 14,167 shares of common stock which were outstanding during the year ended December 31, 2015; options to purchase 962,783 shares of common stock which were outstanding during the year ended December 31, 2014; and options to purchase 2,096,708 shares of common stock which were outstanding during the year ended December 31, 2013 because their inclusion would be anti-dilutive.
(2)
Excludes 644,319 unvested restricted stock units which were outstanding during the year ended December 31, 2015; 758,792 unvested restricted stock units which were outstanding during the year ended December 31, 2014; and 387,791 unvested restricted stock units outstanding during the year ended December 31, 2013 because their inclusion would be anti-dilutive.