XML 57 R43.htm IDEA: XBRL DOCUMENT v2.4.0.6
Equity and Earnings Per Share Reconciliation (Tables)
12 Months Ended
Dec. 31, 2011
Equity and Earnings Per Share Reconciliation [Abstract]  
Earnings Per Common Share Reconciliation
                         
    For the Year Ended December 31,  
    2011     2010     2009  
    (In thousands, except per share amount)  

Earnings per common share:

                       

Net earnings

  $ 81,733     $ 62,935     $ 65,419  

Less: Dividends on preferred stock and discount amortization

    —         —         12,763  
   

 

 

   

 

 

   

 

 

 

Net earnings available to common shareholders

  $ 81,733     $ 62,935     $ 52,656  
   

 

 

   

 

 

   

 

 

 

Less: Net earnings allocated to restricted stock

    292       217       179  
   

 

 

   

 

 

   

 

 

 

Net earnings allocated to common shareholders (numerator)

  $ 81,441     $ 62,718     $ 52,477  
   

 

 

   

 

 

   

 

 

 

Weighted Average Shares Outstanding (denominator)

    105,143       105,880       92,955  

Earnings per common share (1)

  $ 0.77     $ 0.59     $ 0.56  
   

 

 

   

 

 

   

 

 

 
       

Diluted earnings per common share:

                       

Net income allocated to common shareholders (numerator)

  $ 81,441     $ 62,718     $ 52,477  
   

 

 

   

 

 

   

 

 

 

Weighted Average Shares Outstanding

    105,143       105,880       92,955  

Incremental shares from assumed exercise of outstanding options

    80       246       101  
   

 

 

   

 

 

   

 

 

 

Diluted Weighted Average Shares Outstanding (denominator)

    105,223       106,126       93,056  

Diluted earnings per common share (1)

  $ 0.77     $ 0.59     $ 0.56  
   

 

 

   

 

 

   

 

 

 

 

(1) Of the decrease in earnings and diluted earnings per common share for 2009, $0.14 is due to the preferred stock dividend and discount amortization and $0.07 is due to the increase in weighted common shares outstanding as a result of our capital offering.