Earnings Per Share (Tables)

6 Months Ended

Jun. 30, 2019

Earnings Per Share [Abstract]

Schedule of Calculation of Basic and Diluted Earnings Per Share

The computations of basic and diluted earnings per share were as follows:

	Three Months Ended June 30,					Six Months Ended June 30,
(in thousands, except per share data)	2019		2018			2019			2018
Earnings Per Common Share - Basic:
Net income	$	101,598	$	75,124		$	201,729		$	138,745
Less: Preferred stock dividends	949		949			4,547			4,547
Less: Dividends and undistributed earnings allocated to unvested restricted shares	999		767			1,931			1,409
Earnings allocated to common shareholders - basic	$	99,650	$	73,408		$	195,251		$	132,789
Weighted average common shares outstanding	53,345		55,931			53,758			54,780
Earnings per common share - basic	$	1.87	$	1.31		$	3.63		$	2.42
Earnings Per Common Share - Diluted:
Earnings allocated to common shareholders - basic	$	99,650	$	73,408		$	195,251		$	132,789
Adjustment for undistributed earnings allocated to unvested restricted shares	24		(7		)	(21		)	(26		)
Earnings allocated to common shareholders - diluted	$	99,674	$	73,401		$	195,230		$	132,763
Weighted average common shares outstanding	53,345		55,931			53,758			54,780
Dilutive potential common shares	328		356			346			353
Weighted average common shares outstanding - diluted	53,674		56,287			54,104			55,133
Earnings per common share - diluted	$	1.86	$	1.30		$	3.61		$	2.41