Earnings Per Common Share (Tables)

6 Months Ended

Jun. 30, 2012

Calculation of Both Basic and Diluted Earnings Per Common Share

The following table shows the calculation of both basic and diluted earnings per common share for the three and six months ended June 30, 2012 and 2011:

	Three Months Ended June  30,				Six Months Ended June  30,
	2012		2011		2012		2011
	(in thousands, except for share data)
Net income	$	32,820	$	36,894	$	67,351	$	73,479
Basic weighted-average number of common shares outstanding		197,246,322		178,335,522		197,088,528		178,245,603
Plus: Common stock equivalents		3,846		10,036		17,110		9,111
Diluted weighted-average number of common shares outstanding		197,250,168		178,345,558		197,105,638		178,254,714
Earnings per common share:
Basic	$	0.17	$	0.21	$	0.34	$	0.41
Diluted		0.17		0.21		0.34		0.41