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Earnings Per Share (Tables)
3 Months Ended
Mar. 31, 2013
Computation of Basic and Diluted Income Per Common Share

The following table sets forth the computation of basic and diluted income per common share for the periods presented.

 

     Three Months Ended
March 31,
 
     2013      2012  

(In thousands, except per share data)

     

Numerator:

     

Net income

   $ 60,613       $ 17,844   

Denominator:

     

Basic common shares outstanding

     96,415         96,598   

Effect of dilutive securities:

     

Stock options and unvested restricted stock

     1,001         1,131   
  

 

 

    

 

 

 

Diluted common shares outstanding

     97,416         97,729   
  

 

 

    

 

 

 

Basic income per common share

   $ 0.63       $ 0.18   

Diluted income per common share

   $ 0.62       $ 0.18