Quarterly report pursuant to Section 13 or 15(d)

Earnings Per Share (Tables)

v3.8.0.1
Earnings Per Share (Tables)
3 Months Ended
Mar. 31, 2018
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 share:
(share amounts in thousands)
Three Months Ended March 31,
 
2018
 
2017
Net income
$
55,761

 
$
47,129

Preferred stock dividends
(1,824
)
 
(1,824
)
Income available to common stockholders
$
53,937

 
$
45,305

 
 
 
 
Weighted average shares outstanding
201,921

 
201,054

Dilutive impact of restricted stock
667

 
686

Weighted average shares outstanding for diluted income per share
202,588

 
201,740

 
 
 
 
Basic income per share
$
0.27

 
$
0.23

Diluted income per share
$
0.27

 
$
0.22

 
 
 
 
Stock options (a)

 
15

Restricted stock (a)
3

 


(a)
Shares excluded from the diluted earnings per share calculation because their effect would be anti-dilutive.