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Earnings Per Share (Tables)
3 Months Ended
Mar. 31, 2014
Earnings Per Share [Abstract]  
Basic and Diluted Earnings per share
The following table sets forth the calculation of EPS for the three months ended March 31, 2014 and 2013.
 
 
Three Months Ended March 31,
 
 
 
2014
 
2013
 
 
 
(In thousands, except per share amounts)
Weighted average basic common shares outstanding
 
23,339

 
22,282

 
Dilutive effect of contingently convertible notes and warrants
 
2,085

 
1,825

 
Dilutive effect of employee stock purchases, net of assumed repurchase of treasury stock
 
4

 
6

 
Weighted average dilutive common shares outstanding
 
25,428

 
24,113

 
Basic:
 
 
 
 
 
Net Income
 
$
31,303

 
$
22,118

 
Less: Earnings allocated to participating securities
 
1,241

 
992

 
Earnings available to basic common shares
 
$
30,062

 
$
21,126

 
Basic earnings per common share
 
$
1.29

 
$
0.95

 
Diluted:
 
 
 
 
 
Net Income
 
$
31,303

 
$
22,118

 
Less: Earnings allocated to participating securities
 
1,156

 
930

 
Earnings available to diluted common shares
 
$
30,147

 
$
21,188

 
Diluted earnings per common share
 
$
1.19

 
$
0.88