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EARNINGS PER SHARE (Tables)
6 Months Ended
Jun. 30, 2013
EARNINGS PER SHARE  
Schedule of information used to compute basic and diluted earnings per share

 

 

 

 

Three Months Ended

 

Six Months Ended

 

 

 

June 30,

 

June 30,

 

 

 

2013

 

2012

 

2013

 

2012

 

 

 

(In thousands, except per share data)

 

 

 

 

 

 

 

 

 

 

 

Net income

 

$

14,267

 

$

10,812

 

$

151,576

 

$

24,290

 

 

 

 

 

 

 

 

 

 

 

Weighted average shares outstanding - basic

 

41,957

 

41,717

 

41,886

 

41,674

 

Dilutive effect of employee stock options and awards

 

338

 

155

 

318

 

201

 

Dilutive effect of deferred salary restricted stock units

 

 

67

 

3

 

63

 

Dilutive effect of Treasury warrants

 

25

 

20

 

28

 

21

 

Weighted average shares outstanding - diluted

 

42,320

 

41,959

 

42,235

 

41,959

 

 

 

 

 

 

 

 

 

 

 

Basic earnings per share

 

$

0.34

 

$

0.26

 

$

3.62

 

$

0.58

 

Diluted earnings per share

 

$

0.34

 

$

0.26

 

$

3.59

 

$

0.58