Earnings Per Share

6 Months Ended

Jun. 30, 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):

	June 30,
	2014		2013
Three Months Ended
Net income for basic and diluted earnings per share	$	12,926	$	5,086
Shares of common stock and common stock equivalents:
Average common shares used in basic computation	35,720		36,956
Effect of dilutive securities	921		1,044
Average common shares used in diluted computation	36,641		38,000
Earnings per share:
Basic	$	0.36	$	0.14
Diluted	$	0.35	$	0.13
Six Months Ended
Net income for basic and diluted earnings per share	$	26,546	$	13,708
Shares of common stock and common stock equivalents:
Average common shares used in basic computation	35,900		37,166
Effect of dilutive securities	1,033		1,205
Average common shares used in diluted computation	36,933		38,371
Earnings per share:
Basic	$	0.74	$	0.37
Diluted	$	0.72	$	0.36

The following is a summary of anti-dilutive equity awards not included in the detailed earnings per share computations (amounts in thousands):

	June 30,
	2014	2013
Three months ended	83	385
Six months ended	220	450