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Earnings Per Share (Tables)
6 Months Ended
Jun. 30, 2014
Earnings Per Share [Abstract]  
Computation Of Basic And Diluted Earnings Per Common Share
The computation of basic and diluted earnings per common share is as follows:
 
Three Months Ended
 
Six Months Ended
 
June 30,
 
June 30,
(In thousands, except per share amounts)
2014
 
2013
 
2014
 
2013
 
 
 
(Restated)
 
 
 
(Restated)
Computation of Basic Earnings Per Share:
 
 
 
 
 
 
 
Numerator:
 
 
 
 
 
 
 
Net income from continuing operations
$
35,279

 
$
31,624

 
$
56,748

 
$
51,400

Net income from discontinued operations
121

 
183

 
1,762

 
150

Net income
35,400

 
31,807

 
58,510

 
51,550

Income allocated to participating securities
(324
)
 
(310
)
 
(523
)
 
(521
)
Net income available to common shareholders
$
35,076

 
$
31,497

 
$
57,987

 
$
51,029

Denominator:
 
 
 
 
 
 
 
Weighted average common shares outstanding – basic
57,893

 
57,953

 
57,850

 
$
57,837

 
 
 
 
 
 
 
 
Basic earnings per share - Continuing operations
$
0.61

 
$
0.54

 
$
0.97

 
$
0.88

Basic earnings per share - Discontinued operations

 

 
0.03

 


$
0.61

 
$
0.54

 
$
1.00

 
$
0.88

 
 
 
 
 
 
 
 
Computation of Diluted Earnings Per Share:
 
 
 
 
 
 
 
Numerator:
 
 
 
 
 
 
 
Net income from continuing operations
$
35,279

 
$
31,624

 
$
56,748

 
$
51,400

Net income from discontinued operations
121

 
183

 
1,762

 
150

Net income
35,400

 
31,807

 
58,510

 
51,550

Income allocated to participating securities
(322
)
 
(309
)
 
(521
)
 
(519
)
Net income available to common shareholders
$
35,078

 
$
31,498

 
$
57,989

 
$
51,031

Denominator:
 
 
 
 
 
 
 
Weighted average common shares outstanding – basic
57,893

 
57,953

 
57,850

 
57,837

Diluted effect of stock options and PVRSUs
492

 
386

 
491

 
376

Weighted average common shares outstanding – diluted
58,385

 
58,339

 
58,341

 
58,213

 
 
 
 
 
 
 
 
Diluted earnings per share - Continuing operations
$
0.60

 
$
0.54

 
$
0.96

 
$
0.88

Diluted earnings per share - Discontinued operations

 

 
0.03

 


$
0.60

 
$
0.54

 
$
0.99

 
$
0.88