EARNINGS PER SHARE (Details) (USD $)
In Thousands, except Share data, unless otherwise specified |
3 Months Ended | 12 Months Ended | |||||||||
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Dec. 31, 2013
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Sep. 30, 2013
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Jun. 30, 2013
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Mar. 31, 2013
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Dec. 31, 2012
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Sep. 30, 2012
|
Jun. 30, 2012
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Mar. 31, 2012
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Dec. 31, 2013
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Dec. 31, 2012
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Dec. 31, 2011
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EARNINGS PER SHARE | |||||||||||
Net income | $ 10,295 | $ 10,204 | $ 14,267 | $ 137,309 | $ 12,410 | $ 10,721 | $ 10,812 | $ 13,478 | $ 172,075 | $ 47,421 | $ 36,571 |
Preferred stock dividends, accretion of discount and conversion of preferred stock to common stock | (83,897) | ||||||||||
Net income available to common shareholders | $ 172,075 | $ 47,421 | $ 120,468 | ||||||||
Weighted average shares outstanding - basic | 41,961,000 | 41,720,000 | 35,891,000 | ||||||||
SHARE-BASED COMPENSATION | |||||||||||
Dilutive effect of Treasury warrants (in shares) | 14,000 | 22,000 | 20,000 | ||||||||
Weighted average shares outstanding - diluted | 42,317,000 | 42,084,000 | 36,342,000 | ||||||||
Basic earnings per share (in dollars per share) | $ 0.24 | $ 0.24 | $ 0.34 | $ 3.28 | $ 0.30 | $ 0.26 | $ 0.26 | $ 0.32 | $ 4.10 | $ 1.14 | $ 3.36 |
Diluted earnings per share (in dollars per share) | $ 0.24 | $ 0.24 | $ 0.34 | $ 3.25 | $ 0.29 | $ 0.26 | $ 0.26 | $ 0.32 | $ 4.07 | $ 1.13 | $ 3.31 |
Antidilutive securities excluded from the dilutive share calculation (in shares) | 24,526 | 316,188 | 40,166 | ||||||||
Employee stock options and awards
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SHARE-BASED COMPENSATION | |||||||||||
Dilutive effect of share-based compensation arrangements | 341,000 | 278,000 | 415,000 | ||||||||
Deferred salary restricted stock units
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SHARE-BASED COMPENSATION | |||||||||||
Dilutive effect of share-based compensation arrangements | 1,000 | 64,000 | 16,000 |