Earnings Per Common Share (Tables)

9 Months Ended

Sep. 30, 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 and nine months ended September 30, 2013 and 2012: 

(in thousands, except per share data)

	Three months ended				Nine months ended
	September 30,				September 30,
	2013		2012		2013		2012
NUMERATORS:
Net income	$	23,477	$	25,153	$	73,091	$	73,933
Less:
Dividends and undistributed earnings allocated to participating securities (1)	196		170		576		499
Net earnings available to common shareholders	$	23,281	$	24,983	$	72,515	$	73,434
DENOMINATORS:
Weighted average number of common shares outstanding - basic	111,912		111,899		111,934		111,928
Effect of potentially dilutive common shares (2)	283		252		220		231
Weighted average number of common shares outstanding - diluted	112,195		112,151		112,154		112,159
EARNINGS PER COMMON SHARE:
Basic	$	0.21	$	0.22	$	0.65	$	0.66
Diluted	$	0.21	$	0.22	$	0.65	$	0.65

(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 and nine months ended September 30, 2013 and 2012. 

(in thousands)

	Three months ended		Nine months ended
	September 30,		September 30,
	2013	2012	2013	2012
Stock options	363	1,141	738	1,313