THREE-FOR-TWO STOCK SPLIT (Tables)

12 Months Ended

Dec. 31, 2015

Three-for-two Stock Split Tables

Schedule of Pro Forma Effect of Stock Split on Shareholder's Equity

(in thousands)	December 31, 2014 (pre-split)			Adjustment			December 31, 2014 (post-split)
STOCKHOLDERS’ EQUITY
Preferred stock, without par value; 500,000 authorized, zero shares issued	$	—		$	—		$	—
Common stock, par value $1 per share; 250,000,000 shares authorized, 218,482,907 shares issued(1)		145,722			72,761			218,483
Treasury Stock, par value $1 per share; 200,000 and 0 shares, respectively		(200	)		—			(200	)
Paid-in-capital		62,839			—			62,839
Accumulated other comprehensive loss		(65,488	)		—			(65,488	)
Retained earnings		319,803			(72,761	)		247,042
Total stockholders’ equity	$	462,676		$	—		$	462,676

(1) Shares issued increased as follows: 2014 - 72,760,969; 2013 - 72,932,222

Schedule of Pro Forma Effect of Stock Split on Earning Per Share

(in thousands, except per share amounts)	December 31, 2014 (pre-split)		Adjustment			December 31, 2014 (post-split)
Net Income	$	137,664	$	—		$	137,664
Basic Earnings Per Share	$	0.94	$	(0.31	)	$	0.63
Diluted Earnings Per Share	$	0.94	$	(0.31	)	$	0.63
Shares used for computation:
Basic		145,796		72,899			218,695
Diluted		145,796		72,899			218,695