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Earnings per Common Share (Tables)
3 Months Ended
Mar. 31, 2014
Earnings Per Share [Abstract]  
Earnings Per Common Share
The calculation of basic and diluted EPS was as follows:
 
Three Months Ended March 31,
 
2014
 
2013
 
(In thousands, except per share data)
Basic earnings per Class A common share
 
 
 
Net income
$
15,305

 
$
15,586

Income attributable to preferred stock
(2,282
)
 
(2,493
)
Income attributable to common stock subject to repurchase
(187
)
 
(358
)
Net income allocated to Class A common stockholders
$
12,836

 
$
12,735

Weighted-average Class A shares issued and outstanding
37,462

 
35,047

Basic earnings per Class A common share
$
0.34

 
$
0.36

 
 
 
 
Diluted earnings per Class A common share
 
 
 
Net income allocated to Class A common stockholders
$
12,836

 
$
12,735

Re-allocated earnings
70

 
79

Diluted net income allocated to Class A common stockholders
12,906

 
12,814

Weighted-average Class A shares issued and outstanding
37,462

 
35,047

Dilutive potential common shares:
 
 
 
Stock options
1,059

 
1,094

Restricted stock units
233

 
119

Employee stock purchase plan
15

 
33

Diluted weighted-average Class A shares issued and outstanding
38,769

 
36,293

Diluted earnings per Class A common share
$
0.33

 
$
0.35

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,
 
2014
 
2013
 
(In thousands, except per share data)
Class A common stock
 
 
 
Options to purchase Class A common stock
486

 
2,275

Restricted stock units
17

 
41

Conversion of convertible preferred stock
6,660

 
6,859

Total options, restricted stock units and convertible preferred stock
7,163

 
9,175