| Basic and diluted earnings loss per share |
The calculation of basic and diluted earnings per share for three-month and six-month periods ended June 30, 2015 and 2014, was as follows:
|
|
|
Three Months Ended |
|
Six Months Ended |
|
|
|
March 31, |
|
|
June 30, |
| (dollar amounts in thousands, except per share amounts) |
|
2015 |
|
|
2014 |
|
|
2015 |
|
|
2014 |
|
|
|
|
|
|
|
|
|
|
|
|
|
| Basic earnings per common share: |
|
|
|
|
|
|
|
|
|
|
|
| Net income |
$ |
196,206 |
|
$ |
164,619 |
|
$ |
362,060 |
|
$ |
313,762 |
| Preferred stock dividends |
|
(7,968) |
|
|
(7,963) |
|
|
(15,933) |
|
|
(15,927) |
|
Net income available to common shareholders |
$ |
188,238 |
|
$ |
156,656 |
|
$ |
346,127 |
|
$ |
297,835 |
| Average common shares issued and outstanding |
|
806,891 |
|
|
821,546 |
|
|
808,335 |
|
|
825,603 |
| Basic earnings per common share |
$ |
0.23 |
|
$ |
0.19 |
|
$ |
0.43 |
|
$ |
0.36 |
|
|
|
|
|
|
|
|
|
|
|
|
|
| Diluted earnings per common share: |
|
|
|
|
|
|
|
|
|
|
|
| Net income available to common shareholders |
$ |
188,238 |
|
$ |
156,656 |
|
$ |
346,127 |
|
$ |
297,835 |
| Effect of assumed preferred stock conversion |
|
--- |
|
|
--- |
|
|
--- |
|
|
--- |
|
Net income applicable to diluted earnings per share |
$ |
188,238 |
|
$ |
156,656 |
|
$ |
346,127 |
|
$ |
297,835 |
| Average common shares issued and outstanding |
|
806,891 |
|
|
821,546 |
|
|
808,335 |
|
|
825,603 |
| Dilutive potential common shares: |
|
|
|
|
|
|
|
|
|
|
|
|
Stock options and restricted stock units and awards |
|
11,250 |
|
|
11,395 |
|
|
11,688 |
|
|
11,426 |
|
Shares held in deferred compensation plans |
|
1,912 |
|
|
1,245 |
|
|
1,809 |
|
|
1,249 |
|
Other |
|
185 |
|
|
501 |
|
|
191 |
|
|
268 |
| Dilutive potential common shares: |
|
13,347 |
|
|
13,141 |
|
|
13,688 |
|
|
12,943 |
|
Total diluted average common shares issued and outstanding |
|
820,238 |
|
|
834,687 |
|
|
822,023 |
|
|
838,546 |
| Diluted earnings per common share |
$ |
0.23 |
|
$ |
0.19 |
|
$ |
0.42 |
|
$ |
0.36 |
|
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