XML 48 R37.htm IDEA: XBRL DOCUMENT v3.5.0.2
Earnings Per Share (Tables)
 6 Months Ended
Jun. 30, 2016
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)
2016
 
2015
 
2016
 
2015
 
 
 
 
 
 
 
 
Computation of Basic Earnings Per Share:
 
 
 
 
 
 
 
Numerator:
 
 
 
 
 
 
 
Net income
$
38,822

 
$
35,813

 
$
59,985

 
$
57,407

Income allocated to participating securities
(272
)
 
(243
)
 
(411
)
 
(413
)
Net income available to common shareholders
$
38,550

 
$
35,570

 
$
59,574

 
$
56,994

Denominator:
 
 
 
 
 
 
 
Weighted average common shares outstanding – basic
56,060

 
57,212

 
56,043

 
57,108

 
 
 
 
 
 
 
 
Basic earnings per share
$
0.69

 
$
0.62

 
$
1.06

 
$
1.00

 
 
 
 
 
 
 
 
Computation of Diluted Earnings Per Share:
 
 
 
 
 
 
 
Numerator:
 
 
 
 
 
 
 
Net income
$
38,822

 
$
35,813

 
$
59,985

 
$
57,407

Income allocated to participating securities
(271
)
 
(241
)
 
(410
)
 
(411
)
Net income available to common shareholders
$
38,551

 
$
35,572

 
$
59,575

 
$
56,996

Denominator:
 
 
 
 
 
 
 
Weighted average common shares outstanding – basic
56,060

 
57,212

 
56,043

 
57,108

Diluted effect of stock options and PVRSUs
296

 
476

 
304

 
525

Weighted average common shares outstanding – diluted
56,356

 
57,688

 
56,347

 
57,633

 
 
 
 
 
 
 
 
Diluted earnings per share
$
0.68

 
$
0.62

 
$
1.06

 
$
0.99