XML 58 R21.htm IDEA: XBRL DOCUMENT v2.4.0.8
EARNINGS PER SHARE (Tables)
9 Months Ended
Sep. 30, 2014
EARNINGS PER SHARE  
Schedule of reconciliation of weighted average shares outstanding
   
Three months ended
September 30
   
Nine months ended
September 30
 
(In thousands except per share data)
 
2014
   
2013
   
2014
   
2013
 
Net income available for stockholders:
  $ 64,885     $ 53,760     $ 167,556     $ 129,252  
Less: Dividends paid
    (22,939 )     (21,892 )     (68,822 )     (65,923 )
Undistributed earnings
  $ 41,946     $ 31,868     $ 98,734     $ 63,329  
                                 
Basic shares outstanding:
                               
Common stock
    211,604       210,899       211,552       211,493  
Restricted shares of common stock
    3,598       4,169       3,648       4,222  
      215,202       215,068       215,200       215,715  
 
Diluted shares outstanding:
                               
Common stock
    211,604       210,899       211,552       211,493  
Dilutive effect of stock based awards
    1,132       1,074       1,116       1,147  
      212,736       211,973       212,668       212,640  
Restricted shares of common stock
    3,598       4,169       3,648       4,222  
      216,334       216,142       216,316       216,862