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Earnings Per Share (Tables)
12 Months Ended
Dec. 31, 2012
Earnings Per Share [Abstract]  
Computation of basic and diluted earnings per common share
                         
    Year Ended December 31,  
    2012     2011     2010  
    (In thousands, except per share
amounts)
 

Basic EPS

       

Net income

  $ 60,069     $ 47,704     $ 31,428  

Amount allocable to common shareholders

    100.0     100.0     90.5
   

 

 

   

 

 

   

 

 

 

Net income applicable to common stock

  $ 60,069     $ 47,704     $ 28,427  
       

Common stock—voting

    36,101       34,420       30,573  

Common stock—non-voting

    415       2,586       2,586  
   

 

 

   

 

 

   

 

 

 

Basic weighted average shares outstanding

    36,516       37,006       33,159  
   

 

 

   

 

 

   

 

 

 

Basic earnings per share

  $ 1.65     $ 1.29     $ 0.86  
   

 

 

   

 

 

   

 

 

 

Diluted EPS

                       

Net income

  $ 60,069     $ 47,704     $ 31,428  
       

Basic weighted average shares outstanding

    36,516       37,006       33,159  

Effect of dilutive shares:

                       

Series B Preferred Stock

    —         —         3,500  

Stock options, restricted stock and warrants

    1,300       2,602       2,392  
   

 

 

   

 

 

   

 

 

 

Diluted weighted average shares outstanding

    37,816       39,608       39,051  
   

 

 

   

 

 

   

 

 

 

Diluted earnings per share

  $ 1.59     $ 1.20     $ 0.80