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EARNINGS PER SHARE
 12 Months Ended
Dec. 31, 2015
Earnings Per Share [Abstract]  
EARNINGS PER SHARE
EARNINGS PER SHARE
 
The table below presents the information used to compute basic and diluted earnings per share for the years ended December 31, 2015, 2014 and 2013:
 
 
Year Ended December 31,
 
2015
 
2014
 
2013
 
(In thousands, except per share data)
Net income
$
45,868

 
$
40,453

 
$
172,075

 
 
 
 
 
 
Weighted average shares outstanding - basic
32,238

 
37,366

 
41,961

Dilutive effect of employee stock options and awards
413

 
571

 
341

Dilutive effect of deferred salary restricted stock units
—

 
—

 
1

Dilutive effect of Treasury warrants
—

 
—

 
14

Weighted average shares outstanding - diluted
32,651

 
37,937

 
42,317

 
 
 
 
 
 
Basic earnings per share
$
1.42

 
$
1.08

 
$
4.10

Diluted earnings per share
$
1.40

 
$
1.07

 
$
4.07


 
A total of 8,217, 13,510 and 24,526 potentially dilutive securities have been excluded from the dilutive share calculation for the year ended December 31, 2015, 2014 and 2013, respectively, as their effect was anti-dilutive.