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Earnings Per Share (Tables)
12 Months Ended
Dec. 31, 2017
Earnings Per Share [Abstract]  
Schedule of Calculation of Basic and Diluted Earnings Per Share
The following table presents the calculation of basic and diluted earnings per share for the periods indicated.
 
For the Years Ended December 31,
(In thousands, except per share data)
2017
 
2016
 
2015
Earnings per common share - basic
 
 
 
 
 
Net income
$
142,413

 
$
186,777

 
$
142,844

Preferred stock dividends
(9,095
)
 
(7,977
)
 

Dividends and undistributed earnings allocated to unvested restricted shares
(1,210
)
 
(1,872
)
 
(1,680
)
Net income allocated to common shareholders - basic
$
132,108

 
$
176,928

 
$
141,164

Weighted average common shares outstanding
50,640

 
40,948

 
38,214

Earnings per common share - basic
2.61

 
4.32

 
3.69

 
 
 
 
 
 
Earnings per common share - diluted
 
 
 
 
 
Net income allocated to common shareholders - basic
$
132,108

 
$
176,928

 
$
141,164

Dividends and undistributed earnings allocated to unvested restricted shares
(1
)
 
(37
)
 
(48
)
Net income allocated to common shareholders - diluted
$
132,107

 
$
176,891

 
$
141,116

Weighted average common shares outstanding
50,640

 
40,948

 
38,214

Dilutive potential common shares
352

 
158

 
96

Weighted average common shares outstanding - diluted
50,992

 
41,106

 
38,310

Earnings per common share - diluted
$
2.59

 
$
4.30

 
$
3.68