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Earnings per Share | 12 Months Ended
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Dec. 31, 2014
Loss per Share [Abstract] |
Earnings Per Share [Text Block] | Earnings Per Share The table below presents a reconciliation between basic and diluted weighted average shares outstanding, net income available to common shareholders and basic and diluted income per share for the year ended December 31, 2014, 2013 and 2012:
| Year Ended December 31,
(In thousands, except per share amounts) | 2014 |  | 2013 |  | 2012
NUMERATOR |  |  |  |  |
Net income | $ | 50,789 |  |  | $ | 151,423 |  |  | $ | 13,347 |
Preferred stock dividends | (4,875 | ) |  | (3,656 | ) |  | — |
Excess of fair value over book value of preferred shares redeemed | — |  |  | (2,190 | ) |  | — |
Net income available to common shareholders | 45,914 |  |  | 145,577 |  |  | 13,347 |
Interest on 3.25% convertible senior subordinated notes due 2017 | 1,504 |  |  | 2,443 |  |  | — |
Interest on 3.00% convertible senior subordinated notes due 2018 | 2,030 |  |  | 2,675 |  |  | — |
Diluted income available to common shareholders | 49,448 |  |  | 150,695 |  |  | 13,347 |
DENOMINATOR |  |  |  |  |
Basic weighted average shares outstanding | 24,463 |  |  | 23,822 |  |  | 19,651 |
Effect of dilutive securities: |  |  |  |  |
Stock option awards | 222 |  |  | 237 |  |  | 92 |
Deferred compensation awards | 142 |  |  | 123 |  |  | 148 |
3.25% convertible senior subordinated notes due 2017 | 2,416 |  |  | 2,416 |  |  | — |
3.00% convertible senior subordinated notes due 2018 | 2,669 |  |  | 2,165 |  |  | — |
Diluted weighted average shares outstanding - adjusted for assumed conversions | 29,912 |  |  | 28,763 |  |  | 19,891 |
Earnings per common share |  |  |  |  |
Basic | $ | 1.88 |  |  | $ | 6.11 |  |  | $ | 0.68 |
Diluted | $ | 1.65 |  |  | $ | 5.24 |  |  | $ | 0.67 |
Anti-dilutive equity awards not included in the calculation of diluted earnings per common share | 1,250 |  |  | 963 |  |  | 1,538 |
The Company declared and paid a quarterly cash dividend of $609.375 per share on its 2,000 outstanding Series A Preferred Shares in each quarter of 2014 and during the second, third and fourth quarters of 2013 for an aggregate dividend payment of $4.9 million and $3.7 million for the year ended December 31, 2014 and 2013, respectively. For the year ended December 31, 2014 and 2013, the effect of convertible debt was included in the diluted earnings per share calculations. For the year ended December 31, 2012, the effect of convertible debt was not included in the diluted earnings per share calculation as it would have been anti-dilutive.

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- Definition The entire disclosure for earnings per share. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 45 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=7655603&loc=d3e1278-109256 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 45 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=7655603&loc=d3e1252-109256 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 55 -Paragraph 52 -URI http://asc.fasb.org/extlink&oid=32703322&loc=d3e4984-109258 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 225 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03.21) -URI http://asc.fasb.org/extlink&oid=26872669&loc=d3e20235-122688 + Details
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