Earnings Per Common Share (Tables)

3 Months Ended

Mar. 31, 2013

Earnings Per Share [Abstract]

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

The following is a computation of basic and diluted earnings per common share for the three months ended March 31, 2013 and 2012: 

(in thousands, except per share data)

	Three months ended
	March 31,
	2013		2012
NUMERATORS:
Net income	$	23,361	$	25,503
Less:
Dividends and undistributed earnings allocated to participating securities (1)	183		167
Net earnings available to common shareholders	$	23,178	$	25,336
DENOMINATORS:
Weighted average number of common shares outstanding - basic	111,937		111,989
Effect of potentially dilutive common shares (2)	181		171
Weighted average number of common shares outstanding - diluted	112,118		112,160
EARNINGS PER COMMON SHARE:
Basic	$	0.21	$	0.23
Diluted	$	0.21	$	0.23

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

(2) Represents the effect of the 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

The following table presents the weighted average outstanding securities that were not included in the computation of diluted earnings per common share because their effect would be anti-dilutive for the three months ended March 31, 2013 and 2012. 

(in thousands)

	Three months ended
	March 31,
	2013	2012
Stock options	1,069	1,545