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Earnings Per Share (Tables)
9 Months Ended
Sep. 30, 2014
Earnings Per Share [Abstract]  
Reconciliation of Basic and Diluted Earnings Per Share

The following is a reconciliation of the basic and diluted earnings per share computation:

 

     Three Months Ended
September 30,
     Nine Months Ended
September 30,
 
     2014      2013      2014      2013  
     (shares in thousands)      (shares in thousands)  

Net income

   $ 10,623       $ 14,965       $ 51,429       $ 35,061   
  

 

 

    

 

 

    

 

 

    

 

 

 

Shares of common stock and common stock equivalents:

           

Weighted averages shares used in basic computation

     131,778         126,509         131,418         125,909   

Dilutive effect of stock options and unvested restricted stock

     6,568         13,588         7,058         13,896   
  

 

 

    

 

 

    

 

 

    

 

 

 

Weighted averages shares used in dilutive computation

     138,346         140,097         138,476         139,805   
  

 

 

    

 

 

    

 

 

    

 

 

 

Basic earnings per share

   $ 0.08       $ 0.12       $ 0.39       $ 0.28   

Dilutive earnings per share

   $ 0.08       $ 0.11       $ 0.37       $ 0.25