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Earnings Per Share (Tables)
3 Months Ended
Mar. 31, 2014
Reconciliation of Weighted Average Shares Used in Calculating Basic and Diluted Earnings Per Share

A reconciliation of weighted average shares used in calculating basic and diluted earnings per share follows:

 

     For the Three Months Ended
March 31,
(unaudited)
 

(000’s omitted)

   2014      2013  

Basic

     49,522         64,208   

Effect of exercise of stock options

     1,117         1,066   

Effect of assumed vesting of restricted stock

     1,382        1,418   

Effect of convertible notes subject to conversion

     4,893         —     

Effect of convertible notes warrants subject to conversion

     1,137        —    
  

 

 

    

 

 

 

Diluted

     58,051         66,692