XML 40 R29.htm IDEA: XBRL DOCUMENT v3.4.0.3
Earnings Per Common Share (Tables)
3 Months Ended
Mar. 31, 2016
Earnings Per Common Share [Abstract]  
Schedule Of Net Income (Loss) Per Common Share
   
Three Months Ended
 
   
March 31,
 
(Dollars in thousands, except per share amounts)
 
2016
   
2015
 
Net income (loss) per share:
       
Numerator
       
Net income (loss)
 
$
171,686
   
$
322,978
 
Less:  dividends declared-common shares and nonvested common shares
   
(48,706
)
   
(42,252
)
Undistributed earnings
   
122,980
     
280,726
 
Percentage allocated to common shareholders (1)
   
99.0
%
   
98.9
%
     
121,697
     
277,755
 
Add:  dividends declared-common shareholders
   
48,210
     
41,816
 
Numerator for basic and diluted earnings per common share
 
$
169,907
   
$
319,571
 
                 
Denominator
               
Denominator for basic earnings per weighted-average common shares
   
42,129
     
44,028
 
Effect of dilutive securities:
               
Options
   
334
     
416
 
Denominator for diluted earnings per adjusted weighted-average common shares
   
42,463
     
44,444
 
                 
Per common share net income (loss)
               
Basic
 
$
4.03
   
$
7.26
 
Diluted
 
$
4.00
   
$
7.19
 
                 
(1)  Basic weighted-average common shares outstanding
   
42,129
     
44,028
 
Basic weighted-average common shares outstanding and nonvested common shares expected to vest
   
42,573
     
44,499
 
Percentage allocated to common shareholders
   
99.0
%
   
98.9
%
                 
(Some amounts may not reconcile due to rounding.)