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Earnings Per Share (Tables)
6 Months Ended
Jun. 30, 2012
Earnings Per Share [Abstract]  
Earnings per share basic and diluted
                                 
    Three Months Ended
June 30,
    Six Months Ended
June 30,
 
    2012     2011     2012     2011  
    (in thousands, except per share data)  

Income (numerator):

                               

Basic:

                               

Net income

  $ 30,547     $ 57,196     $ 81,521     $ 96,988  

Net income attributable to participating securities

    (742     (1,192     (1,982     (2,022
   

 

 

   

 

 

   

 

 

   

 

 

 

Net income attributable to common stock - basic

  $ 29,805     $ 56,004     $ 79,539     $ 94,966  
   

 

 

   

 

 

   

 

 

   

 

 

 

Diluted:

                               

Net income

  $ 30,547     $ 57,196     $ 81,521     $ 96,988  

Net income attributable to participating securities

    (742     (1,191     (1,980     (2,021
   

 

 

   

 

 

   

 

 

   

 

 

 

Net income attributable to common stock - diluted

  $ 29,805     $ 56,005     $ 79,541     $ 94,967  
   

 

 

   

 

 

   

 

 

   

 

 

 

Weighted average shares (denominator):

                               

Weighted average shares - basic

    48,303       47,961       48,279       47,930  

Diluted effect of stock options

    41       45       43       43  
   

 

 

   

 

 

   

 

 

   

 

 

 

Weighted average shares - diluted

    48,344       48,006       48,322       47,973  
   

 

 

   

 

 

   

 

 

   

 

 

 

Basic income per common share

  $ 0.62     $ 1.17     $ 1.65     $ 1.98  
   

 

 

   

 

 

   

 

 

   

 

 

 

Diluted income per common share

  $ 0.62     $ 1.17     $ 1.65     $ 1.98