Stockholders' Equity (Tables)

3 Months Ended

Mar. 31, 2015

Equity [Abstract]

Computation of Basic and Diluted Earnings Per Share

The following table sets forth the computation of basic and diluted earnings per share (in thousands, except share and per share data):

	Three Months Ended March 31,
	2015		2014
Numerator:
Net income available to common shareholders	$	17,553	$	12,295
Denominator:
Basic weighted average shares outstanding		31,683,672		33,128,676
Effect of dilutive securities:
SARs and options		240,066		302,914
Restricted stock		171,090		167,848
Diluted weighted average shares outstanding		32,094,828		33,599,438
Basic earnings per share	$	0.55	$	0.37
Diluted earnings per share	$	0.55	$	0.37

Antidilutive Securities Excluded from Computation of Earnings Per Share

The computation of diluted earnings per share excludes the following potentially dilutive securities because the effect would be anti-dilutive:

	Three Months Ended March 31,
	2015		2014
Restricted stock and stock options		—		88
Stock appreciation rights		—		1,196