Earnings Per Share (Tables)

6 Months Ended

Jun. 30, 2014

The reconciliation of the numerator and denominator of basic earnings per share with that of diluted earnings per share is presented as follows:


	Three Months Ended				Six Months Ended
	June 30				June 30
	2014		2013		2014		2013
Distributed earnings allocated to common stock	$	22,124	$	15,586	$	44,160	$	31,163
Undistributed earnings allocated to common stock		11,065		6,598		19,093		12,567

Net earnings allocated to common shareholders	$	33,189	$	22,184	$	63,253	$	43,730

Average common shares outstanding		68,956,123		50,345,733		65,713,854		50,322,783
Equivalents from stock options		197,909		56,461		235,601		59,387

Average diluted shares outstanding		69,154,032		50,402,194		65,949,455		50,382,170

Earnings per basic common share	$	0.48	$	0.44	$	0.96	$	0.87
Earnings per diluted common share	$	0.48	$	0.44	$	0.96	$	0.87