Earnings Per Share (Tables)

9 Months Ended

Sep. 30, 2013

The table below presents the reconciliation of earnings per share for the periods indicated:


	For the Three Months Ended September 30,				For the Nine Months Ended September 30,
	2013		2012		2013		2012
	(In thousands, except per share amounts)
Earnings per common share:
Net earnings	$	24,239	$	9,257	$	70,320	$	55,144
Less: Net earnings allocated to restricted stock		74		30		218		179

Net earnings allocated to common shareholders	$	24,165	$	9,227	$	70,102	$	54,965

Weighted average shares outstanding		104,766		104,456		104,657		104,380
Earnings per common share	$	0.23	$	0.09	$	0.67	$	0.53

Diluted earnings per common share:
Net income allocated to common shareholders	$	24,165	$	9,227	$	70,102	$	54,965

Weighted average shares outstanding		104,766		104,456		104,657		104,380
Incremental shares from assumed exercise of outstanding options		451		320		330		259

Diluted weighted average shares outstanding		105,217		104,776		104,987		104,639
Diluted earnings per common share	$	0.23	$	0.09	$	0.67	$	0.53