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Earnings per Share
 3 Months Ended
Mar. 31, 2015
Earnings Per Share [Abstract]  
Earnings per Share
Earnings per Share
Basic earnings per share is computed by dividing net income, after the deduction of preferred stock dividends and undistributed earnings allocated to participating securities, by the weighted average number of common shares outstanding during the period. Diluted earnings per share assumes the issuance of common stock for all potentially dilutive share equivalents outstanding not classified as participating securities. Participating securities are defined as unvested stock-based payment awards that contain nonforfeitable rights to dividends.
 
 
Three Months Ended March 31,
(In thousands, except per share amounts)
 
2015
 
2014
Net income attributable to continuing operations
 
$
9,316

 
$
13,522

Preferred stock dividends
 
(10
)
 
(10
)
Income from continuing operations available to common equity
 
9,306

 
13,512

Dividends and undistributed earnings allocated to participating securities
 
(28
)
 
(90
)
Income from continuing operations available to common shareholders
 
9,278

 
13,422

 
 
 
 
 
Net income attributable to discontinued operations
 
$
366

 
$
504

Preferred stock dividends
 
—

 
—

Income from discontinued operations available to common equity
 
366

 
504

Dividends and undistributed earnings allocated to participating securities
 
(1
)
 
(4
)
Income from discontinued operations available to common shareholders
 
365

 
500

 
 
 
 
 
Basic weighted-average shares outstanding
 
37,356

 
37,015

Stock options and other stock compensation
 
493

 
602

Diluted weighted-average shares outstanding
 
37,849

 
37,617

Antidilutive stock options
 
495

 
—

 
 
 
 
 
Earnings per share attributable to continuing operations:
 
 
 
 
Basic
 
$0.25
 
$0.37
Diluted
 
$0.25
 
$0.36
 
 
 
 
 
Earnings per share attributable to discontinued operations:
 
 
 
 
Basic
 
$0.01
 
$0.01
Diluted
 
$0.01
 
$0.01