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Stockholders' Equity and EPS (Tables)
6 Months Ended
Jun. 30, 2014
Equity and Earnings Per Share [Abstract]  
Reconciliation of Basic EPS to Diluted EPS
The following is a reconciliation of basic EPS to diluted EPS for the three and six months ended June 30, 2014 and 2013:
 
 
Three months ended June 30,
 
Six months ended June 30,
(Dollars and shares in thousands, except per share amounts)
 
2014
 
2013
 
2014
 
2013
Numerator:
 
 
 
 
 
 
 
 
Net income available to common stockholders
 
$
50,797

 
$
48,584

 
$
142,098

 
$
89,475

Denominator:
 
 
 
 
 
 
 
 
Weighted average common shares outstanding-basic
 
48,168

 
45,164

 
47,025

 
44,985

Weighted average effect of dilutive securities:
 
 
 
 
 
 
 
 
Stock options and ESPP
 
569

 
380

 
601

 
384

Restricted stock units
 
308

 
140

 
361

 
168

Denominator for diluted calculation
 
49,045

 
45,684

 
47,987

 
45,537

Earnings per common share:
 
 
 
 
 
 
 
 
Basic
 
$
1.05

 
$
1.08

 
$
3.02

 
$
1.99

Diluted
 
$
1.04

 
$
1.06

 
$
2.96

 
$
1.96

Common Shares Excluded from Diluted EPS Calculation as They Were Deemed to be Anti-Dilutive
The following table summarizes the weighted-average common shares excluded from the diluted EPS calculation as they were deemed to be antidilutive for the three and six months ended June 30, 2014 and 2013:
 
 
Three months ended June 30,
 
Six months ended June 30,
(Shares in thousands)
 
2014
 
2013
 
2014
 
2013
Stock options
 
167

 
635

 
90

 
693

Restricted stock units
 
2

 

 
1

 

Total
 
169

 
635

 
91

 
693

Reclassifications out of AOCI
The following table summarizes the items reclassified out of accumulated other comprehensive income into the Consolidated Statements of Income (unaudited) for the three and six months ended June 30, 2014 and 2013:
 
 
 
 
Three months ended June 30,
 
Six months ended June 30,
(Dollars in thousands)
 
Income Statement Location
 
2014
 
2013
 
2014
 
2013
Reclassification adjustment for losses (gains) included in net income
 
(Losses) gains on investment securities, net
 
$
16,480

 
$
(775
)
 
$
16,421

 
$
(730
)
Related tax (benefit) expense
 
Income tax expense
 
(6,653
)
 
296

 
(6,630
)
 
278

Total reclassification adjustment for losses (gains) included in net income, net of tax
 
 
 
$
9,827

 
$
(479
)
 
$
9,791

 
$
(452
)