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Earnings per Share
6 Months Ended
Jun. 30, 2014
Earnings Per Share [Abstract]  
Earnings per Share
EARNINGS PER SHARE

We compute basic earnings per common share by dividing net income available to common shareholders by the weighted average number of common shares outstanding during the period. Diluted earnings per common and potential common shares include additional shares in the weighted average share calculations associated with the incremental effect of dilutive employee stock options, restricted stock awards and contingently issuable shares, as determined using the treasury stock method. The
following table summarizes the calculation of weighted average common shares outstanding used in the computation of diluted earnings per share (in thousands):
 
Three Months Ended
 
Six Months Ended
 
June 30,
 
June 30,
 
2014
 
2013
 
2014
 
2013
 
(Unaudited)
 
(Unaudited)
Weighted average basic common shares outstanding
44,660

 
45,841

 
44,783

 
46,020

Effect of dilutive securities:
 
 
 
 
 
 
 
Stock options

 

 

 
2

Performance shares
111

 
116

 
105

 
105

Restricted stock
139

 
171

 
157

 
186

Weighted average diluted common and potential common shares outstanding
44,910

 
46,128

 
45,045

 
46,313