Earnings Per Share (Tables)

9 Months Ended

Sep. 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						Nine Months Ended
	September 30,						September 30,
(In thousands, except per share amounts)	2014			2013			2014			2013
Computation of Basic Earnings Per Share:
Numerator:
Net income from continuing operations	$	39,416		$	38,573		$	96,164		$	89,973
Net income (loss) from discontinued operations	(51		)	143			1,711			293
Net income	39,365			38,716			97,875			90,266
Income allocated to participating securities	(343		)	(377		)	(867		)	(901		)
Net income available to common shareholders	$	39,022		$	38,339		$	97,008		$	89,365
Denominator:
Weighted average common shares outstanding – basic	57,932			57,978			57,878			57,884
Basic earnings per share - Continuing operations	$	0.67		$	0.66		$	1.65		$	1.54
Basic earnings per share - Discontinued operations	—			—			0.03			—
	$	0.67		$	0.66		$	1.68		$	1.54
Computation of Diluted Earnings Per Share:
Numerator:
Net income from continuing operations	$	39,416		$	38,573		$	96,164		$	89,973
Net income from discontinued operations	(51		)	143			1,711			293
Net income	39,365			38,716			97,875			90,266
Income allocated to participating securities	(340		)	(375		)	(862		)	(898		)
Net income available to common shareholders	$	39,025		$	38,341		$	97,013		$	89,368
Denominator:
Weighted average common shares outstanding – basic	57,932			57,978			57,878			57,884
Diluted effect of stock options and PVRSUs	524			394			503			383
Weighted average common shares outstanding – diluted	58,456			58,372			58,381			58,267
Diluted earnings per share - Continuing operations	$	0.67		$	0.65		$	1.63		$	1.53
Diluted earnings per share - Discontinued operations	—			0.01			0.03			—
	$	0.67		$	0.66		$	1.66		$	1.53