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Earnings Per Share (Tables)
3 Months Ended
Mar. 31, 2015
Earnings Per Share  
Schedule of calculation of basic and diluted earnings per share

 

(In thousands,

 

Three Months Ended

 

except per share data)

 

2015

 

2014

 

Net income available to common shareholders

 

$

13,732 

 

$

4,290 

 

Weighted average common shares - basic

 

32,635 

 

32,127 

 

Weighted average common shares - diluted

 

33,071 

 

32,609 

 

Earnings per common share - basic

 

$

0.42 

 

$

0.13 

 

Earnings per common share - diluted

 

$

0.42 

 

$

0.13 

 

 

Schedule of composition of basic outstanding shares

 

(in thousands)

 

2015

 

2014

 

Weighted average common shares outstanding

 

32,123 

 

31,686 

 

Weighted average shares attributable to the deferred compensation plans

 

512 

 

441 

 

Total weighted average shares - basic

 

32,635 

 

32,127 

 

 

Schedule of composition of diluted outstanding shares

 

(in thousands)

 

2015

 

2014

 

 

 

 

 

 

 

Weighted average shares outstanding - basic (from above)

 

32,635 

 

32,127 

 

Incremental weighted average shares attributable to deferred compensation plans

 

259 

 

248 

 

Weighted average shares attributable to stock options

 

177 

 

180 

 

Incremental Shares from stock option plan

 

 

54 

 

Total weighted average shares - diluted

 

33,071 

 

32,609