Earnings Per Share

3 Months Ended

Mar. 31, 2014

Earnings Per Share

Earnings Per Share

(11) Earnings Per Share

The following is a reconciliation of the basic and diluted earnings per share computations (dollars in thousands, except per share amounts):

	March 31,
	2014		2013
Three Months Ended
Net income for basic and diluted earnings per share	$	13,620	$	8,622
Shares of common stock and common stock equivalents:
Average common shares used in basic computation	36,081		37,378
Effect of dilutive securities	1,104		1,237
Average common shares used in diluted computation	37,185		38,615
Earnings per share:
Basic	$	0.38	$	0.23
Diluted	$	0.37	$	0.22

Earnings per share computations for each of the three months ended March 31, 2014 and 2013 did not include anti-dilutive equity awards of approximately 0.3 million shares and 1.2 million shares, respectively.