Earnings Per Share Reconciliation (Tables)

9 Months Ended

Sep. 30, 2014

Schedule of Earnings Per Common Share Reconciliation

The table below summarizes 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 Three Months Ended September 30,				For the Nine Months Ended September 30,
	2014		2013		2014		2013
	(In thousands, except per share amounts)
Earnings per common share:
Net earnings	$	24,295	$	24,239	$	78,440	$	70,320
Less: Net earnings allocated to restricted stock		134		74		409		218

Net earnings allocated to common shareholders	$	24,161	$	24,165	$	78,031	$	70,102

Weighted average shares outstanding		104,875		104,766		105,218		104,657
Earnings per common share	$	0.23	$	0.23	$	0.74	$	0.67

Diluted earnings per common share:
Net income allocated to common shareholders	$	24,161	$	24,165	$	78,031	$	70,102

Weighted average shares outstanding		104,875		104,766		105,218		104,657
Incremental shares from assumed exercise of outstanding options		531		451		542		330

Diluted weighted average shares outstanding		105,406		105,217		105,760		104,987
Diluted earnings per common share	$	0.23	$	0.23	$	0.74	$	0.67