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Earnings Per Common Share (Tables)

12 Months Ended

Dec. 31, 2012

Earnings Per Common Share [Abstract]

Computation Of Basic And Diluted Earnings (Loss) Per Common Share


(in thousands, except per share data)
	2012			2011			2010
NUMERATORS:
Net income	$	101,891		$	74,496		$	28,326
Preferred stock dividends		-			-			12,192
Dividends and undistributed earnings allocated to participating securities ⁽¹⁾		682			356			67
Net earnings available to common shareholders	$	101,209		$	74,140		$	16,067

DENOMINATORS:
Weighted average number of common shares outstanding - basic		111,935			114,220			107,922
Effect of potentially dilutive common shares ⁽²⁾		216			189			231
Weighted average number of common shares outstanding - diluted		112,151			114,409			108,153

EARNINGS PER COMMON SHARE:
Basic	$	0.90		$	0.65		$	0.15
Diluted	$	0.90		$	0.65		$	0.15

(1)	Represents dividends paid and undistributed earnings allocated to nonvested restricted stock awards.

(2)	Represents the effect of the assumed exercise of warrants, assumed exercise of stock options, vesting of non-participating restricted shares, and vesting of restricted stock units, based on the treasury stock method.

Schedule Of Weighted Average Outstanding Securities Not Included In The Computation Of Diluted Earnings Per Common Share


(in thousands)
	2012		2011		2010
Stock options	1,306		1,815		1,450
CPP warrant	-		-		274
Non-participating, nonvested restricted shares	-		-		9
	1,306		1,815		1,733