v2.4.0.8
EARNINGS PER SHARE (Tables)
 3 Months Ended
Mar. 31, 2014
EARNINGS PER SHARE [Abstract]  
Reconciliation of basic to diluted earnings per share
The following is a reconciliation of basic to diluted earnings per share for the three months ended March 31, 2014 and 2013.

 
Three Months Ended
 
March 31,
(000's omitted, except per share data)
2014
2013
Net income
$22,173
$20,241
Income attributable to unvested stock-based compensation awards
(99)
(79)
Income available to common shareholders
22,074
20,162
     
Weighted-average common shares outstanding – basic
40,458
39,703
Basic earnings per share
$0.55
$0.51
     
Net income
$22,173
$20,241
Income attributable to unvested stock-based compensation awards
(99)
(79)
Income available to common shareholders
22,074
20,162
     
Weighted-average common shares outstanding – basic
40,458
39,703
Assumed exercise of stock options
512
463
Weighted-average common shares outstanding – diluted
40,970
40,166
Diluted earnings per share
$0.54
$0.50