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Per Share Data (Tables)
9 Months Ended
Sep. 30, 2014
Earnings Per Share [Abstract]  
Calculation Of Basic And Diluted Earnings Per Share
The following table presents information necessary to calculate basic and diluted earnings per share for the periods indicated:
 
Three Months Ended
 
Nine Months Ended
 
September 30,
 
September 30,
(in thousands, except per share amounts)
2014
 
2013
 
2014
 
2013
Earnings per common share calculation – basic
 
 
 
 
 
 
 
Income from continuing operations attributable to common shareholders
$
38,283

 
$
34,044

 
$
113,591

 
$
109,994

Amount allocated to participating securities
(317
)
 
(623
)
 
(970
)
 
(1,958
)
Income from continuing operations attributable to common shareholders, net of amount allocated to participating securities
37,966

 
33,421

 
112,621

 
108,036

Discontinued operations, including gain on sale, attributable to common shareholders

 
36,676

 

 
96,374

Net income attributable to common shareholders – basic
$
37,966

 
$
70,097

 
$
112,621

 
$
204,410

 
 
 
 
 
 
 
 
Earnings per common share continuing operations
$
0.43

 
$
0.38

 
$
1.28

 
$
1.24

Earnings per common share from discontinued operations

 
0.42

 

 
1.11

Total earnings per common share – basic
$
0.43

 
$
0.80

 
$
1.28

 
$
2.35

 
 
 
 
 
 
 
 
Weighted average number of common shares outstanding – basic
88,146

 
87,449

 
87,882

 
87,117

 
 
 
 
 
 
 
 


 
Three Months Ended
 
Nine Months Ended
 
September 30,
 
September 30,
(in thousands, except per share amounts)
2014
 
2013
 
2014
 
2013
Earnings per common share calculation – diluted
 
 
 
 
 
 
 
Income from continuing operations attributable to common shareholders, net of amount allocated to participating securities
$
37,966

 
$
33,421

 
$
112,621

 
$
108,036

Income allocated to common units from continuing operations
313

 
274

 
937

 
814

Income from continuing operations attributable to common shareholders, as adjusted
38,279

 
33,695

 
113,558

 
108,850

Discontinued operations, including gain on sale, attributable to common shareholders

 
36,676

 

 
96,374

Discontinued operations, including gain on sale, allocated to common units

 
53

 

 
1,910

Net income attributable to common shareholders – diluted
$
38,279

 
$
70,424

 
$
113,558

 
$
207,134

 
 
 
 
 
 
 


Earnings per common share from continuing operations
$
0.43

 
$
0.38

 
$
1.28

 
$
1.23

Earnings per common share from discontinued operations

 
0.41

 

 
1.11

Total earnings per common share – diluted
$
0.43

 
$
0.79

 
$
1.28

 
$
2.34

 
 
 
 
 
 
 
 
Weighted average number of common shares outstanding – basic
88,146

 
87,449

 
87,882

 
87,117

Incremental shares issuable from assumed conversion of:
 
 
 
 
 
 
 
Common share options and share awards granted
396

 
453

 
358

 
497

Common units
811

 
814

 
812

 
815

Weighted average number of common shares outstanding – diluted
89,353

 
88,716

 
89,052

 
88,429