EARNINGS PER SHARE (Tables)

9 Months Ended

Sep. 30, 2015

EARNINGS PER SHARE

Information related to the calculation of earnings per share

	Three months ended
	September 30, 2015				September 30, 2014
	Diluted		Basic		Diluted		Basic
Consolidated operations
Income available to common shareholders	$	53,247	$	53,247	$	48,595	$	48,595
Average equivalent shares
Shares of common stock	62,886		62,886		64,886		64,886
Effect of dilutive stock based compensation
Stock options	1,544		--		1,953		--
Restricted stock	24		--		6		--
Total average equivalent shares	64,454		62,886		66,845		64,886
Net income per share	$	0.83	$	0.85	$	0.73	$	0.75

	Nine months ended
	September 30, 2015				September 30, 2014
	Diluted		Basic		Diluted		Basic
Consolidated operations
Income available to common shareholders	$	155,957	$	155,957	$	150,060	$	150,060
Average equivalent shares
Shares of common stock	62,627		62,627		65,225		65,225
Effect of dilutive stock based compensation
Stock options	1,947		--		2,505		--
Restricted stock	35		--		31		--
Total average equivalent shares	64,609		62,627		67,761		65,225
Net income per share	$	2.41	$	2.49	$	2.21	$	2.30