Stockholders' Equity (Tables)

3 Months Ended

Mar. 31, 2014

Stockholders' Equity

Components of basic and diluted earnings per share

	Three months ended
	March 31,
	2014		2013
	(in thousands, except per share amounts)
Net income from continuing operations	$	74,864	53,863
Weighted average shares outstanding - basic	85,019		85,592
Dilutive potential shares from stock options	—		1
Weighted average shares outstanding - diluted	85,019		85,593
Earnings per share from continuing operations, basic and diluted	$	0.88	0.63

Summary of other comprehensive income (loss) activity

	Unrealized gains on investment securities			Change in valuation allowance for unrealized gains (losses) on investment securities			Pension and postretirement benefits		Total accumulated other comprehensive income (loss)
	(in thousands)
Balance at December 31, 2013	$	3,150		810			(19,819	)	(15,859	)
Other comprehensive income before reclassification	307			176			—		483
Amount reclassified from accumulated other comprehensive income	(748		)	(434		)	347		(835	)
Net current period other comprehensive income (loss)	(441		)	(258		)	347		(352	)
Balance at March 31, 2014	$	2,709		$	552		(19,472	)	(16,211	)

	Unrealized gains on investment securities			Change in valuation allowance for unrealized gains (losses) on investment securities			Pension and postretirement benefits		Total accumulated other comprehensive income (loss)
	(in thousands)
Balance at December 31, 2012	$	1,823		32			(48,652	)	(46,797	)
Other comprehensive income before reclassification	3,279			1,934			—		5,213
Amount reclassified from accumulated other comprehensive income	(1,535		)	(900		)	846		(1,589	)
Net current period other comprehensive income	1,744			1,034			846		3,624
Balance at March 31, 2013	$	3,567		$	1,066		(47,806	)	(43,173	)

Summary of reclassifications from accumulated other comprehensive income (loss) and included in net income

	For the three months ended March 31, 2014
	Pre-tax			Tax (expense) benefit		Net of tax		Statement of income line item
	(in thousands)
Reclassifications included in net income:
Realized gain on sale of available for sale investment securities	$	1,182		(434	)	748		Investment and other income
Valuation allowance	—			434		434		Provision for income taxes
Amortization of pension and postretirement benefits	(552		)	205		(347	)	Underwriting and distribution expense and Compensation and related costs
Total	$	630		205		835

	For the three months ended March 31, 2013
	Pre-tax			Tax (expense) benefit		Net of tax		Statement of income line item
	(in thousands)
Reclassifications included in net income:
Realized gain on sale of available for sale investment securities	$	2,426		(891	)	1,535		Investment and other income
Valuation allowance	—			900		900		Provision for income taxes
Amortization of pension and postretirement benefits	(1,404		)	558		(846	)	Underwriting and distribution expense and Compensation and related costs
Total	$	1,022		567		1,589