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Earnings Per Share (Tables)
3 Months Ended
Mar. 31, 2012
Earnings Per Share [Abstract]  
Computation of basic and diluted earnings per common share

The following table sets forth the computation of basic and diluted earnings per common share.

 

                 
    Three Months Ended March 31,  
    2012     2011  
    (In thousands, except per share amounts)  

Net income

  $ 13,493     $ 10,780  
   

 

 

   

 

 

 

Common stock - voting

    35,276       33,921  

Common stock - non-voting

    1,658       2,586  
   

 

 

   

 

 

 

Basic weighted average shares outstanding

    36,934       36,507  
   

 

 

   

 

 

 

Basic earnings per share

  $ 0.37     $ 0.30  
   

 

 

   

 

 

 

Weight average shares outstanding

    36,934       36,507  

Effect of dilutive shares:

               

Stock options and restricted stock

    1,761       2,422  

Warrants

    —         372  
   

 

 

   

 

 

 

Diluted weighted average shares outstanding

    38,695       39,301  
   

 

 

   

 

 

 

Diluted earnings per share

  $ 0.35     $ 0.27