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Earnings Per Share (Tables)
6 Months Ended
Jun. 30, 2015
Earnings Per Share [Abstract]  
Schedule of earnings per share basic and diluted
Basic earnings per share, which excludes dilution, is computed by dividing net income available to common shareholders by the weighted average number of common shares outstanding for the period.
 
Diluted earnings per share reflects the potential dilution that could occur if securities or other contracts to issue common stock were exercised or converted into common stock. 
 
 
Three Months Ended June 30,
 
Six Months Ended June 30,
 
 
2015
 
2014
 
2015
 
2014
 
 
(in thousands, except for per share data)
Numerator:
 
 

 
 

 
 

 
 

Net Income
 
$
48,834

 
$
27,327

 
$
74,717

 
$
22,252

Denominator:
 
 

 
 

 
 

 
 

Weighted average common stock shares outstanding - Basic
 
54,619

 
53,499

 
54,617

 
53,095

Assumed exercise of stock options and awards
 
430

 
1,009

 
488

 
583

Assumed conversion of convertible note premium
 
546

 
4,972

 
2,252

 
2,133

Assumed conversion of warrants
 
6,260

 
3,367

 
6,033

 
1,235

Weighted average common stock shares outstanding - Diluted
 
61,855

 
62,847

 
63,390

 
57,046

Net Income Per Share
 
 

 
 

 
 

 
 

Basic
 
$
0.89

 
$
0.51

 
$
1.37

 
$
0.42

Diluted
 
$
0.79

 
$
0.43

 
$
1.18

 
$
0.39

 
Summary of common stock equivalents that could potentially dilute basic earnings per share in the future but were excluded from the computation of diluted loss per share because the instruments were antidilutive
The table below summarizes those common stock equivalents that could potentially dilute basic earnings per share in the future but were excluded from the computation of diluted earnings per share because the instruments were antidilutive. 
 
 
Three Months Ended June 30,
 
Six Months Ended June 30,
 
 
2015
 
2014
 
2015
 
2014
 
 
(in thousands)
Restricted stock
 
16

 

 
11