Earnings Per Share (Tables)

12 Months Ended

Dec. 31, 2015

Earnings Per Share [Abstract]

Net Income Per Share

The following table presents the computation of basic and diluted net earnings per share for the years indicated:

	Year Ended December 31,
	2015			2014			2013
	(Dollars in thousands, except per share data)
Basic Earnings Per Share:
Net earnings from continuing operations	$	299,619		$	170,468		$	45,477
Less: earnings allocated to unvested restricted stock(1)	(2,892		)	(1,959		)	(1,096		)
Net earnings from continuing operations allocated to common shares	296,727			168,509			44,381
Net loss from discontinued operations allocated to common shares	—			(1,545		)	(348		)
Net earnings allocated to common shares	$	296,727		$	166,964		$	44,033
Weighted-average basic shares and unvested restricted stock outstanding	107,401			87,871			42,506
Less: weighted-average unvested restricted stock outstanding	(1,074		)	(1,018		)	(1,683		)
Weighted-average basic shares outstanding	106,327			86,853			40,823
Basic earnings per share:
Net earnings from continuing operations	$	2.79		$	1.94		$	1.09
Net loss from discontinued operations	—			(0.02		)	(0.01		)
Net earnings	$	2.79		$	1.92		$	1.08
Diluted Earnings Per Share:
Net earnings from continuing operations allocated to common shares	$	296,727		$	168,509		$	44,381
Net loss from discontinued operations allocated to common shares	—			(1,545		)	(348		)
Net earnings allocated to common shares	$	296,727		$	166,964		$	44,033
Weighted-average basic shares outstanding	106,327			86,853			40,823
Diluted earnings per share:
Net earnings from continuing operations	$	2.79		$	1.94		$	1.09
Net loss from discontinued operations	—			(0.02		)	(0.01		)
Net earnings	$	2.79		$	1.92		$	1.08

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(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.