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Earnings Per Share and Capital Stock (Tables)
 12 Months Ended
Dec. 31, 2013
Earnings Per Share [Abstract]  
Schedule of reconciliation of Registrant's net income and weighted average Common Shares outstanding for calculating basic net income per share
The following is a reconciliation of Registrant’s net income and weighted average common shares outstanding for calculating basic net income per share reflecting the two-for-one stock split effective September 3, 2013:
Basic
 
For The Years Ended December 31,
(in thousands, except per share amounts)
 
2013
 
2012
 
2011
Net income from continuing operations
 
$
62,686

 
$
54,148

 
$
42,010

Net income from discontinued operations
 
—

 
—

 
3,849

Net income
 
62,686

 
54,148

 
45,859

Less: (a) Distributed earnings to common shareholders
 
29,366

 
24,129

 
20,563

 Distributed earnings to participating securities
 
171

 
171

 
140

Undistributed earnings
 
33,149

 
29,848

 
25,156

 
 
 
 
 
 
 
(b) Undistributed earnings allocated to common shareholders
 
32,958

 
29,638

 
24,985

 Undistributed earnings allocated to participating securities
 
191

 
210

 
171

Total income available to common shareholders, basic (a)+(b)
 
$
62,324

 
$
53,767

 
$
45,548

 
 
 
 
 
 
 
Weighted average common shares outstanding, basic
 
38,639

 
37,998

 
37,386

 
 
 
 
 
 
 
Basic earnings per common share:
 


 


 


Income from continuing operations
 
$
1.61

 
$
1.42

 
$
1.12

Income from discontinued operations
 
—

 
—

 
0.10

Net Income
 
$
1.61

 
$
1.42

 
$
1.22
Schedule of reconciliation of Registrant's net income and weighted average Common Shares outstanding for calculating diluted net income per share
The following is a reconciliation of Registrant’s net income and weighted average common shares outstanding for calculating diluted net income per share reflecting the two-for-one stock split effective September 3, 2013:
Diluted
 
For The Years Ended December 31,
(in thousands, except per share amounts)
 
2013
 
2012
 
2011
Common shareholders earnings, basic
 
$
62,324

 
$
53,767

 
$
45,548

Undistributed earnings for dilutive stock options
 
191

 
210

 
171

Total common shareholders earnings, diluted
 
$
62,515

 
$
53,977

 
$
45,719

 
 
 
 
 
 
 
Weighted average common shares outstanding, basic
 
38,639

 
37,998

 
37,386

Stock-based compensation (1)
 
230

 
264

 
288

Weighted average common shares outstanding, diluted
 
38,869

 
38,262

 
37,674

Diluted earnings per common share
 
 

 
 

 
 

Income from continuing operations
 
$
1.61

 
$
1.41

 
$
1.11

Income from discontinued operations
 
—

 
—

 
0.10

Net income
 
$
1.61

 
$
1.41

 
$
1.21

 
 
 
 
 
 
(1)         In applying the treasury stock method of reflecting the dilutive effect of outstanding stock-based compensation in the calculation of diluted EPS, 264,596 stock options and 237,956 restricted stock units, including performance awards, at December 31, 2013 were deemed to be outstanding in accordance with accounting guidance on earnings per share.