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EARNINGS PER SHARE (Tables)
9 Months Ended
Sep. 30, 2013
Earnings Per Share [Abstract]  
Reconciliation of basic and diluted earnings per share computations
The following are computations of basic and diluted earnings per share (in thousands except for per share amounts):
 
 
Three Months Ended
 
Nine Months Ended
 
 
September 30,
 
September 30,
 
 
2013
 
2012
 
2013
 
2012
Numerator for basic and diluted earnings per share:
 
 

 
 

 
 

 
 

Net income
 
$
35,361

 
$
12,359

 
$
68,765

 
$
67,800

 
 
 
 
 
 
 
 
 
Denominator:
 
 

 
 

 
 

 
 

Basic shares outstanding
 
60,610

 
53,374

 
60,542

 
53,303

Dilutive effect of equity-based compensation awards
 
150

 
191

 
150

 
216

Dilutive shares outstanding
 
60,760

 
53,565

 
60,692

 
53,519

 
 
 
 
 
 
 
 
 
Basic earnings per share:
 
$
0.58

 
$
0.23

 
$
1.14

 
$
1.27

 
 
 

 
 

 
 

 
 

Diluted earnings per share:
 
$
0.58

 
$
0.23

 
$
1.13

 
$
1.27