Earnings Per Common Share |
| | | | | | | | | | Three Months Ended March 31, | | 2013 | | 2012 | | (In thousands, except per share data) | Basic earnings per Class A common share | | | | Net income | $ | 15,586 |
| | $ | 16,368 |
| Income attributable to preferred stock | (2,493 | ) | | (2,650 | ) | Income attributable to other classes of common stock | (1,846 | ) | | (2,573 | ) | Net income allocated to Class A common stockholders | 11,247 |
| | 11,145 |
| Weighted-average Class A shares issued and outstanding | 30,951 |
| | 28,839 |
| Basic earnings per Class A common share | $ | 0.36 |
| | $ | 0.39 |
| | | | | Diluted earnings per Class A common share | | | | Net income allocated to Class A common stockholders | $ | 11,247 |
| | $ | 11,145 |
| Re-allocated earnings | 1,567 |
| | 2,152 |
| Diluted net income allocated to Class A common stockholders | 12,814 |
| | 13,297 |
| Weighted-average Class A shares issued and outstanding | 30,951 |
| | 28,839 |
| Dilutive potential common shares: | | | | Class B common stock | 5,190 |
| | 7,012 |
| Stock options | — |
| | — |
| Restricted stock units | 119 |
| | 7 |
| Employee stock purchase plan | 33 |
| | 9 |
| Diluted weighted-average Class A shares issued and outstanding | 36,293 |
| | 35,867 |
| Diluted earnings per Class A common share | $ | 0.35 |
| | $ | 0.37 |
|
| | | | | | | | | Basic earnings per Class B common share | | | | Net income | $ | 15,586 |
| | $ | 16,368 |
| Income attributable to preferred stock | (2,493 | ) | | (2,650 | ) | Income attributable to other classes of common stock | (11,606 | ) | | (11,696 | ) | Net income allocated to Class B common stockholders | 1,487 |
| | 2,022 |
| Weighted-average Class B shares issued and outstanding | 4,096 |
| | 5,230 |
| Basic earnings per Class B common share | $ | 0.36 |
| | $ | 0.39 |
| | | | | Diluted earnings per Class B common share | | | | Net income allocated to Class B common stockholders | $ | 1,487 |
| | $ | 2,022 |
| Re-allocated earnings | 344 |
| | 578 |
| Diluted net income allocated to Class B common stockholders | 1,831 |
| | 2,600 |
| Weighted-average Class B shares issued and outstanding | 4,096 |
| | 5,230 |
| Dilutive potential common shares: | | | | Stock options | 1,094 |
| | 1,782 |
| Diluted weighted-average Class B shares issued and outstanding | 5,190 |
| | 7,012 |
| Diluted earnings per Class B common share | $ | 0.35 |
| | $ | 0.37 |
|
|
Antidilutive Shares |
The following table shows the weighted-average number of anti-dilutive shares excluded from the diluted EPS calculation: | | | | | | | | Three Months Ended March 31, | | 2013 | | 2012 | Class A common stock | (In thousands) | Options to purchase Class A common stock | 1,952 |
| | 596 |
| Restricted stock units | 41 |
| | 4 |
| Conversion of convertible preferred stock | 6,859 |
| | 6,859 |
| Total options, restricted stock units and convertible preferred stock | 8,852 |
| | 7,459 |
| Class B common stock | | | | Options to purchase Class B common stock | 323 |
| | 19 |
| Total options | 323 |
| | 19 |
|
|