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STATEMENT RE COMPUTATION OF PER SHARE EARNINGS |
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Year Ended December 31, |
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2016 |
2015 |
2014 |
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Basic Earnings per Share |
(In thousands, except per share amounts) |
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Average common shares outstanding |
94,219 | 95,825 | 95,973 | ||
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Income available to common shareholders |
$132,728 | $127,491 | $116,750 | ||
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Basic earnings per share |
$1.41 | $1.33 | $1.22 | ||
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Diluted Earnings per Share |
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Average common shares outstanding |
94,219 | 95,825 | 95,973 | ||
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Effect of dilutive shares |
236 | 299 | 329 | ||
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Average diluted shares outstanding |
94,455 | 96,124 | 96,302 | ||
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Income available to common shareholders |
$132,728 | $127,491 | $116,750 | ||
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Diluted earnings per share |
$1.41 | $1.33 | $1.21 | ||