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Earnings Per Share (Tables)
3 Months Ended
Mar. 31, 2015
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
 
March 31,
(In thousands, except per share amounts)
2015
 
2014
 
 
 
 
Computation of Basic Earnings Per Share:
 
 
 
Numerator:
 
 
 
Net income from continuing operations
$
21,594

 
$
21,469

Net income from discontinued operations

 
1,641

Net income
21,594

 
23,110

Income allocated to participating securities
(164
)
 
(202
)
Net income available to common shareholders
$
21,430

 
$
22,908

Denominator:
 
 
 
Weighted average common shares outstanding – basic
57,003

 
57,807

 
 
 
 
Basic earnings per share - Continuing operations
$
0.38

 
$
0.37

Basic earnings per share - Discontinued operations

 
0.03


$
0.38

 
$
0.40

 
 
 
 
Computation of Diluted Earnings Per Share:
 
 
 
Numerator:
 
 
 
Net income from continuing operations
$
21,594

 
$
21,469

Net income from discontinued operations

 
1,641

Net income
21,594

 
23,110

Income allocated to participating securities
(164
)
 
(201
)
Net income available to common shareholders
$
21,430

 
$
22,909

Denominator:
 
 
 
Weighted average common shares outstanding – basic
57,003

 
57,807

Diluted effect of stock options and PVRSUs
583

 
493

Weighted average common shares outstanding – diluted
57,586

 
58,300

 
 
 
 
Diluted earnings per share - Continuing operations
$
0.37

 
$
0.36

Diluted earnings per share - Discontinued operations

 
0.03


$
0.37

 
$
0.39