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

 

 

 

 

Three Months Ended

 

Nine Months Ended

 

 

 

September 30,

 

September 30,

 

 

 

2013

 

2012

 

2013

 

2012

 

 

 

(In thousands, except per share data)

 

 

 

 

 

 

 

 

 

 

 

Net income

 

$

10,204

 

$

10,721

 

$

161,780

 

$

35,011

 

 

 

 

 

 

 

 

 

 

 

Weighted average shares outstanding - basic

 

42,028

 

41,764

 

41,934

 

41,704

 

Dilutive effect of employee stock options and awards

 

393

 

166

 

309

 

172

 

Dilutive effect of deferred salary restricted stock units

 

 

64

 

2

 

64

 

Dilutive effect of Treasury warrants

 

 

22

 

18

 

21

 

Weighted average shares outstanding - diluted

 

42,421

 

42,016

 

42,263

 

41,961

 

 

 

 

 

 

 

 

 

 

 

Basic earnings per share

 

$

0.24

 

$

0.26

 

$

3.86

 

$

0.84

 

Diluted earnings per share

 

$

0.24

 

$

0.26

 

$

3.83

 

$

0.83