Earnings Per Common Share (Tables)

12 Months Ended

Dec. 31, 2011

Earnings Per Common Share [Abstract]

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

(in thousands, except per share data)
	2011		2010		2009
NUMERATORS:
Net income (loss)	$	74,496	$	28,326	$	(153,366	)
Preferred stock dividends		—		12,192		12,866
Dividends and undistributed earnings allocated to participating securities(1)		356		67		30
Net earnings (loss) available to common shareholders	$	74,140	$	16,067	$	(166,262	)
DENOMINATORS:
Weighted average number of common shares outstanding - basic		114,220		107,922		70,399
Effect of potentially dilutive common shares(2)		189		231		—
Weighted average number of common shares outstanding - diluted		114,409		108,153		70,399
EARNINGS (LOSS) PER COMMON SHARE:
Basic	$	0.65	$	0.15	$	(2.36	)
Diluted	$	0.65	$	0.15	$	(2.36	)

(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)
	2011		2010		2009
Stock options		1,815		1,450		1,826
CPP warrant		—		274		1,811
Non-participating, nonvested restricted shares		—		9		17
Restricted stock units		—		—		100
		1,815		1,733		3,754