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Earnings Per Share Reconciliation (Tables)
12 Months Ended
Dec. 31, 2013
Earnings Per Share [Abstract]  
Schedule of Earnings Per Common Share Reconciliation

The table below shows earnings per common share and diluted earnings per common share and reconciles the numerator and denominator of both earnings per common share calculations.

 

     For the Year Ended December 31,  
     2013      2012      2011  
     (In thousands, except per share amounts)  

Earnings per common share:

        

Net earnings

   $ 95,608       $ 77,280       $ 81,733   

Less: Net earnings allocated to restricted stock

     298         247         292   
  

 

 

    

 

 

    

 

 

 

Net earnings allocated to common shareholders

   $ 95,310       $ 77,033       $ 81,441   
  

 

 

    

 

 

    

 

 

 

Weighted average shares outstanding

     104,729         104,419         105,143   

Earnings per common share

   $ 0.91       $ 0.74       $ 0.77   
  

 

 

    

 

 

    

 

 

 

Diluted earnings per common share:

        

Net income allocated to common shareholders

   $ 95,310       $ 77,033       $ 81,441   
  

 

 

    

 

 

    

 

 

 

Weighted average shares outstanding

     104,729         104,419         105,143   

Incremental shares from assumed exercise of outstanding options

     397         239         80   
  

 

 

    

 

 

    

 

 

 

Diluted weighted average shares outstanding

     105,126         104,658         105,223   

Diluted earnings per common share

   $ 0.91       $ 0.74       $ 0.77