XML 31 R118.htm IDEA: XBRL DOCUMENT v2.4.0.6
STOCKHOLDERS' EQUITY AND EARNINGS PER SHARE (Details 3) (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 12 Months Ended
Dec. 31, 2011
Sep. 30, 2011
Jun. 30, 2011
Mar. 31, 2011
Dec. 31, 2010
Sep. 30, 2010
Jun. 30, 2010
Mar. 31, 2010
Dec. 31, 2011
Dec. 31, 2010
Dec. 31, 2009
Earnings per share calculations                      
Net income                 $ 245,234 $ 164,564 $ 82,008
Less: Preferred stock dividends and amortization of preferred stock discount (1,714) (1,714) (1,714) (1,715) (24,109) (6,732) (6,147) (6,138) (6,857) (43,126) (49,115)
Income available to common stockholders before extraordinary item                     32,893
Extraordinary item - impact of desecuritization                     (5,366)
Basic EPS - income available to common stockholders 64,492 60,718 58,811 54,356 32,240 40,219 30,201 18,778 238,377 121,438 27,527
Effect of dilutive securities                      
Restricted stock                 115 15  
Convertible preferred stock                 6,857    
Income available to common stockholders before extraordinary item                     32,893
Income impact of assumed conversions                     2
Extraordinary item - impact of desecuritization                     (5,366)
Diluted EPS - income available to common stockholders                 $ 245,349 $ 121,453 $ 27,529
Number of Shares                      
Weighted average shares outstanding (in shares)                 147,093 137,478 78,770
Effect of dilutive securities on weighted average shares outstanding                      
Stock options (in shares)                 62 142 15
Restricted stock (in shares)                 718 370 51
Convertible preferred stock (in shares)                 5,571 8,936 5,687
Stock warrants (in shares)                 23 176  
Total weighted average diluted shares outstanding (in shares)                 153,467 147,102 84,523
Per Share Amounts                      
Basic EPS - Income available to common stockholders before extraordinary item (per share)                     $ 0.42
Extraordinary item - impact of desecuritization, Basic (in dollars per share)                     $ (0.07)
Basic EPS (in dollars per share) $ 0.44 $ 0.41 $ 0.40 $ 0.37 $ 0.22 $ 0.27 $ 0.21 $ 0.17 $ 1.62 $ 0.88 $ 0.35
Diluted EPS - Income available to common stockholders before extraordinary item (per share)                     $ 0.39
Extraordinary item - impact of desecuritization, Diluted (in dollars per share)                     $ (0.06)
Diluted EPS (in dollars per share) $ 0.43 $ 0.41 $ 0.39 $ 0.37 $ 0.22 $ 0.27 $ 0.21 $ 0.13 $ 1.60 $ 0.83 $ 0.33