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EARNINGS PER SHARE (Tables)
6 Months Ended
Jun. 30, 2012
Earnings Per Share  
Schedule of weighted average shares outstanding & earnings per share attributable to restricted shares of common stock (participating securities)
 
   
Three months ended
June 30,
   
Six months ended
 June 30,
 
(In thousands except per share data )
 
2012
   
2011
   
2012
   
2011
 
Net income available for stockholders:
  $ 72,260     $ 73,165     $ 153,015     $ 138,689  
Less:  Dividends paid
                               
   Common stock
    (17,191 )     (10,261 )     (34,436 )     (20,432 )
   Restricted shares of common stock
    (321 )     (65 )     (647 )     (248 )
Undistributed earnings
  $ 54,748     $ 62,839     $ 117,932     $ 118,009  
                                 
Allocation of undistributed earnings:
                               
   Common stock
  $ 53,618     $ 61,558     $ 115,497     $ 115,603  
   Restricted shares of common stock
    1,130       1,281       2,435       2,406  
                                 
Basic shares outstanding:
                               
   Common stock
    210,331       213,266       210,683       213,089  
   Restricted shares of common stock
    4,562       4,556       4,558       4,583  
      214,893       217,822       215,241       217,672  
Diluted shares outstanding:
                               
   Common stock
    210,331       213,266       210,683       213,089  
   Dilutive effect of options
    1,234       2,440       1,539       2,804  
      211,565       215,706       212,222       215,893  
   Restricted shares of common stock
    4,562       4,556       4,558       4,583  
      216,127       220,262       216,780       220,476  
Basic earnings per share:
                               
  Common stock:
                               
     Distributed earnings
  $ 0.08     $ 0.05     $ 0.16     $ 0.10  
     Undistributed earnings
    0.26       0.29       0.55       0.54  
    $ 0.34     $ 0.34     $ 0.71     $ 0.64  
  Restricted shares of common stock:
                               
     Distributed earnings
  $ 0.07     $ 0.01     $ 0.14     $ 0.05  
     Undistributed earnings
    0.25       0.28       0.53       0.53  
    $ 0.32     $ 0.29     $ 0.67     $ 0.58  
Diluted earnings per share:
                               
  Common Stock:
                               
     Distributed earnings
  $ 0.08     $ 0.05     $ 0.16     $ 0.09  
     Undistributed earnings
    0.25       0.28       0.55       0.54  
    $ 0.33     $ 0.33     $ 0.71     $ 0.63