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Earnings/(Loss) Per Share | 9 Months Ended
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Sep. 30, 2013
Earnings Per Share [Abstract] |
EARNINGS/(LOSS) PER SHARE | NOTE 7 — EARNINGS PER SHARE Basic and diluted earnings per common share were calculated as follows (in thousands, except per share amounts):
| Three Months Ended September 30 |  | Nine Months Ended September 30
| 2013 |  | 2012 |  | 2013 |  | 2012
Basic weighted average number of shares outstanding | 36,226 |  |  | 35,216 |  |  | 36,060 |  |  | 33,541 |
Effect of dilutive securities: |  |  |  |  |  |  |
Convertible debt (1) | 2,176 |  |  | — |  |  | 2,176 |  |  | — |
Stock options and unvested restricted stock | 463 |  |  | 545 |  |  | 535 |  |  | 469 |
Diluted weighted average shares outstanding | 38,865 |  |  | 35,761 |  |  | 38,771 |  |  | 34,010 |
Net earnings as reported | $ | 38,191 |  |  | $ | 6,784 |  |  | $ | 78,375 |  |  | $ | 10,035 |
Interest attributable to convertible senior notes, net of income taxes | 393 |  |  | — |  |  | 1,180 |  |  | — |
Net earnings for earnings per share | $ | 38,584 |  |  | $ | 6,784 |  |  | $ | 79,555 |  |  | $ | 10,035 |
Basic earnings per share | $ | 1.05 |  |  | $ | 0.19 |  |  | $ | 2.17 |  |  | $ | 0.30 |
Diluted earnings per share (1) | $ | 0.99 |  |  | $ | 0.19 |  |  | $ | 2.05 |  |  | $ | 0.30 |
Antidilutive stock options not included in the calculation of diluted income per share | 10 |  |  | 530 |  |  | 5 |  |  | 348 |
(1) | In the third quarter of 2012, we issued $126.5 million of 1.875% convertible senior notes convertible into shares of our common stock at a rate of 17.1985 shares per $1,000 principle amount. In accordance with ASC Subtopic 260-10, Earnings Per Share, ("ASC 260-10") we calculate the dilutive effect of convertible securities using the "if-converted" method.

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