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Earnings Per Share
 9 Months Ended
Sep. 30, 2015
Earnings Per Share [Abstract]  
Earnings Per Share
Earnings Per Share
The following table presents the computations of basic and diluted net earnings per share for the periods indicated:
 
 
 
Three Months Ended
 
Nine Months Ended
 
 
 
September 30,
 
June 30,
 
September 30,
 
September 30,
 
 
 
2015
 
2015
 
2014
 
2015
 
2014
 
 
 
(Dollars in thousands, except per share data)
Basic Earnings Per Share:
 
 
 
 
 
 
 
 
 
 
Net earnings from continuing operations
$
69,616

 
$
85,083

 
$
62,276

 
$
227,778

 
$
99,411

 
Less:
Earnings allocated to unvested restricted stock(1)
(649
)
 
(807
)
 
(685
)
 
(2,213
)
 
(1,147
)
 
Net earnings from continuing operations allocated to common shares
68,967

 
84,276

 
61,591

 
225,565

 
98,264

 
Net loss from discontinued operations allocated to common shares
—

 
—

 
(5
)
 
—

 
(1,487
)
 
Net earnings allocated to common shares
$
68,967

 
$
84,276

 
$
61,586

 
$
225,565

 
$
96,777

 
 
 
 
 
 
 
 
 
 
 
 
Weighted-average basic shares and unvested restricted
 
 
 
 
 
 
 
 
 
 
stock outstanding
103,048

 
103,030

 
103,029

 
103,038

 
82,758

 
Less:
Weighted-average unvested restricted stock outstanding
(985
)
 
(1,060
)
 
(1,117
)
 
(1,055
)
 
(981
)
 
Weighted-average basic shares outstanding
102,063

 
101,970

 
101,912

 
101,983

 
81,777

 
 
 
 
 
 
 
 
 
 
 
 
Basic earnings per share:
 
 
 
 
 
 
 
 
 
 
Net earnings from continuing operations
$
0.68

 
$
0.83

 
$
0.60

 
$
2.21

 
$
1.20

 
Net loss from discontinued operations
—

 
—

 
—

 
—

 
(0.02
)
 
Net earnings
$
0.68

 
$
0.83

 
$
0.60

 
$
2.21

 
$
1.18

 
 
 
 
 
 
 
 
 
 
 
 
Diluted Earnings Per Share:
 
 
 
 
 
 
 
 
 
 
Net earnings from continuing operations allocated to common shares
$
68,967

 
$
84,276

 
$
61,591

 
$
225,565

 
$
98,264

 
Net loss from discontinued operations allocated to common shares
—

 
—

 
(5
)
 
—

 
(1,487
)
 
Net earnings allocated to common shares
$
68,967

 
$
84,276

 
$
61,586

 
$
225,565

 
$
96,777

 
 
 
 
 
 
 
 
 
 
 
 
Weighted-average basic shares outstanding
102,063

 
101,970

 
101,912

 
101,983

 
81,777

 
 
 
 
 
 
 
 
 
 
 
 
Diluted earnings per share:
 
 
 
 
 
 
 
 
 
 
Net earnings from continuing operations
$
0.68

 
$
0.83

 
$
0.60

 
$
2.21

 
$
1.20

 
Net loss from discontinued operations
—

 
—

 
—

 
—

 
(0.02
)
 
Net earnings
$
0.68

 
$
0.83

 
$
0.60

 
$
2.21

 
$
1.18


________________________
(1)
Represents cash dividends paid to holders of unvested restricted stock, net of estimated forfeitures, plus undistributed earnings amounts available to holders of unvested restricted stock, if any.