Earnings Per Share (Tables)

9 Months Ended

Sep. 30, 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						Nine Months Ended
	September 30,						September 30,
(In thousands, except per share amounts)	2015			2014			2015			2014
Computation of Basic Earnings Per Share:
Numerator:
Net income from continuing operations	$	41,419		$	39,416		$	98,826		$	96,164
Net income from discontinued operations	—			(51		)	—			1,711
Net income	41,419			39,365			98,826			97,875
Income allocated to participating securities	(278		)	(343		)	(695		)	(867		)
Net income available to common shareholders	$	41,141		$	39,022		$	98,131		$	97,008
Denominator:
Weighted average common shares outstanding – basic	56,843			57,932			57,019			57,878
Basic earnings per share - Continuing operations	$	0.72		$	0.67		$	1.72		$	1.65
Basic earnings per share - Discontinued operations	—			—			—			0.03
	$	0.72		$	0.67		$	1.72		$	1.68
Computation of Diluted Earnings Per Share:
Numerator:
Net income from continuing operations	$	41,419		$	39,416		$	98,826		$	96,164
Net income from discontinued operations	—			(51		)	—			1,711
Net income	41,419			39,365			98,826			97,875
Income allocated to participating securities	(277		)	(340		)	(691		)	(862		)
Net income available to common shareholders	$	41,142		$	39,025		$	98,135		$	97,013
Denominator:
Weighted average common shares outstanding – basic	56,843			57,932			57,019			57,878
Diluted effect of stock options and PVRSUs	378			524			479			503
Weighted average common shares outstanding – diluted	57,221			58,456			57,498			58,381
Diluted earnings per share - Continuing operations	$	0.72		$	0.67		$	1.71		$	1.63
Diluted earnings per share - Discontinued operations	—			—			—			0.03
	$	0.72		$	0.67		$	1.71		$	1.66