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EARNINGS PER SHARE (Tables)
6 Months Ended
Jun. 30, 2014
EARNINGS PER SHARE  
Schedule of reconciliation of weighted average shares outstanding
   
Three months ended
June 30
   
Six months ended
June 30
 
(In thousands except per share data )
 
2014
   
2013
   
2014
   
2013
 
Net income available for stockholders:
  $ 63,283     $ 40,416     $ 102,671     $ 75,492  
Less:  Dividends paid
    (22,898 )     (22,015 )     (45,883 )     (44,030 )
Undistributed earnings
  $ 40,385     $ 18,401     $ 56,788     $ 31,462  
                                 
Basic shares outstanding:
                               
   Common stock
    211,611       211,707       211,522       211,790  
   Restricted shares of common stock
    3,613       4,176       3,677       4,249  
      215,224       215,883       215,199       216,039  
 
Diluted shares outstanding:
                               
   Common stock
    211,611       211,707       211,522       211,790  
   Dilutive effect of stock based awards
    1,014       812       1,081       1,151  
      212,625       212,519       212,603       212,941  
   Restricted shares of common stock
    3,613       4,176       3,677       4,249  
      216,238       216,695       216,280       217,190