XML 37 R29.htm IDEA: XBRL DOCUMENT v2.4.0.8
Earnings Per Share (Tables)
 9 Months Ended
Sep. 30, 2014
Earnings Per Share [Abstract]  
Basic and Diluted Earnings per share
The following table sets forth the calculation of EPS for the three and nine months ended September 30, 2014 and 2013.
 
 
Three Months Ended September 30,
 
Nine Months Ended September 30,
 
 
2014
 
2013
 
2014
 
2013
 
 
(In thousands, except per share amounts)
Weighted average basic common shares outstanding
 
23,424

 
23,373

 
23,354

 
22,994

Dilutive effect of contingently convertible notes and warrants
 
1,003

 
2,962

 
2,004

 
2,153

Dilutive effect of employee stock purchases, net of assumed repurchase of treasury stock
 
5

 
7

 
5

 
6

Weighted average dilutive common shares outstanding
 
24,432

 
26,342

 
25,363

 
25,153

Basic:
 
 
 
 
 
 
 
 
Net Income
 
$
26,162

 
$
32,765

 
$
74,327

 
$
92,271

Less: Earnings allocated to participating securities
 
1,035

 
1,460

 
2,958

 
4,144

Earnings available to basic common shares
 
$
25,127

 
$
31,305

 
$
71,369

 
$
88,127

Basic earnings per common share
 
$
1.07

 
$
1.34

 
$
3.06

 
$
3.83

Diluted:
 
 
 
 
 
 
 
 
Net Income
 
$
26,162

 
$
32,765

 
$
74,327

 
$
92,271

Less: Earnings allocated to participating securities
 
1,000

 
1,320

 
2,769

 
3,843

Earnings available to diluted common shares
 
$
25,162

 
$
31,445

 
$
71,558

 
$
88,428

Diluted earnings per common share
 
$
1.03

 
$
1.19

 
$
2.82

 
$
3.52