EARNINGS PER SHARE (Tables)

3 Months Ended

Mar. 31, 2015

EARNINGS PER SHARE

Schedule of reconciliation of weighted average shares outstanding

	Three months ended March 31
(In thousands except per share data )	2015			2014
Net income available for stockholders:	$	7,548		$	39,388
Less:  Dividends paid		(22,762	)		(22,986	)
Undistributed earnings	$	(15,214	)	$	16,402
Basic shares outstanding:
Common stock		210,069			211,434
Restricted shares of common stock		3,423			3,741
Total basic shares		213,492			215,175
Diluted shares outstanding:
Common stock		210,069			211,434
Dilutive effect of stock based awards		93			1,039
		210,162			212,473
Restricted shares of common stock		3,423			3,741
Total diluted shares		213,585			216,214

Schedule of earnings per share attributable to common stock and restricted shares of common stock

	Three months ended March 31
	2015		2014
Basic Earnings per share
Common stock	$	0.04	$	0.18
Restricted shares of common stock		0.02		0.16