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Earnings Per Share | 12 Months Ended
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Dec. 31, 2014
Earnings Per Share [Abstract] |
Earnings Per Share | NOTE 13 – EARNINGS PER SHARE Basic earnings per share (“EPS”) is based on the weighted average number of common shares outstanding for the period, excluding any dilutive common share equivalents. Diluted EPS reflects the potential dilution resulting from exercises of stock options, vesting of restricted stock and conversion of preferred stock. The following table reconciles the numerator (i.e., income) and denominator (i.e., shares) of the basic and diluted earnings per share computations for the periods presented (in thousands, except per share data):
|  | Year Ended December 31, |
|  | 2014 |  |  | 2013 |  |  | 2012 |
Numerator for EPS: |  |  |  |  |  |  |  |  |  |  |  |
Net income |  | $ | 72,988 |  |  | $ | 58,977 |  |  | $ | 30,312 |
Less: Preferred stock dividends |  |  | (13 | ) |  |  | (29 | ) |  |  | (287 | )
Income available to common stockholders |  | $ | 72,975 |  |  | $ | 58,948 |  |  | $ | 30,025 |
Denominator for EPS: |  |  |  |  |  |  |  |  |  |  |  |
Weighted average common shares outstanding |  |  | 33,569 |  |  |  | 35,866 |  |  |  | 39,614 |
Plus: Assumed conversion of share-based compensation (1) |  |  | 1,535 |  |  |  | 1,531 |  |  |  | 513 |
Assumed conversion of preferred stock |  |  | 46 |  |  |  | 379 |  |  |  | 489 |
Weighted average diluted common shares outstanding |  |  | 35,150 |  |  |  | 37,776 |  |  |  | 40,616 |
Basic earnings per common share |  | $ | 2.17 |  |  | $ | 1.64 |  |  | $ | 0.76 |
Diluted earnings per common share |  | $ | 2.08 |  |  | $ | 1.56 |  |  | $ | 0.75 |
Weighted average number of antidilutive shares |  |  | 64 |  |  |  | 518 |  |  |  | 818 |
(1) | Represents the dilutive effect of unvested Restricted Stock and unexercised Stock Options.

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- Definition The entire disclosure for earnings per share. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 45 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=7655603&loc=d3e1278-109256 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 45 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=7655603&loc=d3e1252-109256 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 55 -Paragraph 52 -URI http://asc.fasb.org/extlink&oid=32703322&loc=d3e4984-109258 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 225 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03.21) -URI http://asc.fasb.org/extlink&oid=26872669&loc=d3e20235-122688 + Details
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