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Earnings Per Share (Tables)
 6 Months Ended
Jun. 30, 2014
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 June 30,

 

 

Six Months Ended June 30,

 

 

 

2014

 

 

 

2013

 

 

 

2014

 

 

 

2013

 

 

(In thousands, except per share amounts)

 

Net income from continuing operations

$

18,191

 

 

$

19,289

 

 

$

35,666

 

 

$

34,834

 

Income (loss) from discontinued operations

 

—

 

 

 

54

 

 

 

—

 

 

 

(165

)

Net income

$

18,191

 

 

$

19,343

 

 

$

35,666

 

 

$

34,669

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average common shares outstanding

 

37,015

 

 

 

36,868

 

 

 

37,068

 

 

 

36,821

 

Basic earnings per common share

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Income from continuing operations

$

0.49

 

 

$

0.52

 

 

$

0.96

 

 

$

0.94

 

Income (loss) from discontinued operations

 

—

 

 

 

—

 

 

 

—

 

 

 

—

 

Basic earnings per share

$

0.49

 

 

$

0.52

 

 

$

0.96

 

 

$

0.94

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average common shares outstanding

 

37,015

 

 

 

36,868

 

 

 

37,068

 

 

 

36,821

 

Dilutive effect of stock options and restricted stock

 

927

 

 

 

951

 

 

 

951

 

 

 

925

 

Diluted weighted average shares outstanding

 

37,942

 

 

 

37,819

 

 

 

38,019

 

 

 

37,746

 

Diluted earnings per common share

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Income from continuing operations

$

0.48

 

 

$

0.51

 

 

$

0.94

 

 

$

0.92

 

Income (loss) from discontinued operations

 

—

 

 

 

—

 

 

 

—

 

 

 

—

 

Diluted earnings per share

$

0.48

 

 

$

0.51

 

 

$

0.94

 

 

$

0.92