Earnings Per Common Share (Tables)

9 Months Ended

Sep. 30, 2015

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, 2015 and 2014: 

(in thousands, except per share data)	Three Months Ended				Nine Months Ended
	September 30,				September 30,
	2015		2014		2015		2014
NUMERATORS:
Net income	$	57,607	$	58,883	$	159,520	$	95,076
Less:
Dividends and undistributed earnings allocated to participating securities (1)	84		142		261		338
Net earnings available to common shareholders	$	57,523	$	58,741	$	159,259	$	94,738
DENOMINATORS:
Weighted average number of common shares outstanding - basic	220,297		217,245		220,370		175,627
Effect of potentially dilutive common shares (2)	607		1,696		692		1,029
Weighted average number of common shares outstanding - diluted	220,904		218,941		221,062		176,656
EARNINGS PER COMMON SHARE:
Basic	$	0.26	$	0.27	$	0.72	$	0.54
Diluted	$	0.26	$	0.27	$	0.72	$	0.54

(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, 2015 and 2014. 

(in thousands)	Three Months Ended		Nine Months Ended
	September 30,		September 30,
	2015	2014	2015	2014
Stock options	—	5	—	398