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Earnings per Share
3 Months Ended
Jun. 30, 2014
Earnings per Share
(6)

EARNINGS PER SHARE

The components of basic and diluted earnings per share for the quarters ended June 30, are as follows:

 

              Quarter Ended
    June 30,
 
(In thousands, except share and per share data)          2014              2013        

Net Income available to common shareholders (A)

      $     43,673                 30,083         

Weighted average outstanding shares of common stock, basic (B)

        49,580,038                 49,226,911         

Dilutive effect of options and restricted stock awards and units

          282,986                 331,090         

Weighted average common stock and equivalents (C)

        49,863,024                 49,558,001         

Earnings per share, basic (A/B)

      $ 0.88                 0.61         

Earnings per share, diluted (A/C)

      $ 0.88                 0.61         

Additional information:

        

Antidilutive incremental options and restricted stock awards and units

          ---                 17,755