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Earnings Per Share (Tables)
3 Months Ended
Mar. 31, 2014
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,  
     2014      2013  
     (In thousands, except per share amounts)  

Net income from continuing operations

   $ 17,475       $ 15,545   

Loss from discontinued operations

     —           (219
  

 

 

    

 

 

 

Net income

   $ 17,475       $ 15,326   
  

 

 

    

 

 

 

Weighted average common shares outstanding

     37,121         36,774   

Basic earnings per common share

     

Income from continuing operations

   $ 0.47       $ 0.42   

Loss from discontinued operations

     —           —     
  

 

 

    

 

 

 

Basic earnings per share

   $ 0.47       $ 0.42   
  

 

 

    

 

 

 

Weighted average common shares outstanding

     37,121         36,774   

Dilutive effect of stock options and restricted stock

     975         899   
  

 

 

    

 

 

 

Diluted weighted average shares outstanding

     38,096         37,673   
  

 

 

    

 

 

 

Diluted earnings per common share

     

Income from continuing operations

   $ 0.46       $ 0.41   

Loss from discontinued operations

     —           —     
  

 

 

    

 

 

 

Diluted earnings per share

   $ 0.46       $ 0.41