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Earnings Per Share Reconciliation (Tables)
12 Months Ended
Dec. 31, 2014
Earnings Per Share [Abstract]  
Schedule of Earnings Per Common Share Reconciliation

The table below shows earnings per common share and diluted earnings per common share and reconciles the numerator and denominator of both earnings per common share calculations.

 

    For the Year Ended December 31,  
    2014     2013     2012  
    (In thousands, except per share amounts)  

Earnings per common share:

     

Net earnings

    $ 104,021        $ 95,608        $ 77,280   

Less: Net earnings allocated to restricted stock

    544        298        247   
 

 

 

   

 

 

   

 

 

 

Net earnings allocated to common shareholders

    $         103,477        $           95,310        $           77,033   
 

 

 

   

 

 

   

 

 

 

Weighted average shares outstanding

    105,239        104,729        104,419   

Basic earnings per common share

    $ 0.98        $ 0.91        $ 0.74   
 

 

 

   

 

 

   

 

 

 

Diluted earnings per common share:

     

Net income allocated to common shareholders

    $ 103,477        $ 95,310        $ 77,033   
 

 

 

   

 

 

   

 

 

 

Weighted average shares outstanding

    105,239        104,729        104,419   

Incremental shares from assumed exercise of outstanding options

    520        397        239   
 

 

 

   

 

 

   

 

 

 

Diluted weighted average shares outstanding

    105,759        105,126        104,658   

Diluted earnings per common share

    $ 0.98        $ 0.91        $ 0.74