Net Income (Loss) Per Share (Tables)

12 Months Ended

Dec. 31, 2013

Earnings Per Share [Abstract]

Schedule of Earnings Per Share, Basic and Diluted

The computation of the Company's basic and diluted net income (loss) per share is as follows:

	Year Ended December 31,
	2013			2012			2011
	(In thousands, except per share data)
Numerator for basic and diluted income per common share:
Net income	$	72,037		$	127,674		$	75,192
Less: Series A preferred stock dividends	—			—			—
Less: Accretion of Series B preferred stock	—			(2,498		)	(2,573		)
Less: Net (income) loss allocated to unvested participating restricted stock	(1,200		)	(2,718		)	(1,886		)
Net income available to common stockholders - basic	70,837			122,458			70,733
Effect of unvested participating restricted stock	4			127			34
Effect of dilutive securities:
Convertible Series B preferred stock	—			2,498			—
Numerator - net income available to common shareholders - diluted	$	70,841		$	125,083		$	70,767
Denominator:
Weighted average outstanding shares of common stock - basic	18,871			17,992			17,846
Effect of dilutive securities:
Stock options	270			264			339
Convertible Series B preferred stock	—			621			—
Weighted average outstanding shares of common stock - diluted	19,141			18,877			18,185
Net income (loss) per common share:
Basic	$	3.75		$	6.81		$	3.96
Diluted	$	3.70		$	6.63		$	3.89