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Earnings Per Share (Tables)
6 Months Ended
Jun. 30, 2015
Earnings Per Share [Abstract]  
Schedule of Earnings Per Share, Basic and Diluted
The following table sets forth the computation of earnings per common share and earnings per common share - assuming dilution:
 
Three Months Ended
June 30,
 
Six Months Ended
June 30,
 
2015
 
2014
 
2015
 
2014
 
(Dollars in thousands, except per share data)
Numerator:
 
 
 
 
 
 
 
Net income - numerator for earnings per common share
$
82,845

 
$
36,744

 
$
88,748

 
$
26,991

 
 
 
 
 
 
 
 
Denominator:
 
 
 
 
 
 
 
Weighted average common shares outstanding (1)
77,237,200

 
74,461,264

 
77,139,992

 
73,495,286

Effect of dilutive securities:
 
 
 
 
 
 
 
Convertible senior notes

 
2,259,425

 

 
2,843,987

2015 warrants
779,926

 
1,595,519

 
793,132

 
1,981,815

Stock options and deferred compensation agreements
1,087,893

 
1,154,726

 
1,123,614

 
1,220,996

Restricted stock and restricted stock units
122,298

 
46,870

 
116,405

 
40,679

Denominator for earnings per common share - assuming dilution
79,227,317

 
79,517,804

 
79,173,143

 
79,582,763

 
 
 
 
 
 
 
 
Earnings per common share
$
1.07

 
$
0.49

 
$
1.15

 
$
0.37

Earnings per common share - assuming dilution
$
1.05

 
$
0.46

 
$
1.12

 
$
0.34



(1)
Weighted average common shares outstanding include shares vested under the NMO Deferred Compensation Plan and exclude unallocated shares held by the ESOP.
Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share
Options to purchase shares of our common stock that were outstanding during the respective periods indicated but were not included in the computation of diluted earnings per share because the options' exercise price was greater than the average market price of the common shares are as follows:
Period
 
Number of
Shares
 
Range of
Exercise Prices
 
 
 
 
Minimum
 
Maximum
Three months ended June 30, 2015
 
 
$—
 
$—
Three months ended June 30, 2014
 
1,277,650
 
$24.79
 
$24.79
Six months ended June 30, 2015
 
 
$—
 
$—
Six months ended June 30, 2014
 
1,277,650
 
$24.79
 
$24.79