XML 18 R18.htm IDEA: XBRL DOCUMENT v2.4.0.8
Earnings per Share (Tables)
6 Months Ended
Jun. 30, 2013
Earnings Per Share, Basic, Other Disclosures [Abstract]  
Reconciliation of Number of Common Shares Used in Calculating Basic and Diluted EPS
The following table reconciles the number of shares used in calculating the basic and diluted earnings per share for the quarters and six months ended June 30:
 
 
Quarter Ended June 30,
 
Six Months Ended June 30,
 
 
(Dollars in thousands, except per-share amounts)
2013
 
2012
 
2013
 
2012
Net income
$
19,182

 
$
5,080

 
$
34,669

 
$
10,131

 
 
 
 
 
 
 
 
Basic weighted-average shares outstanding
40,508,872

 
40,332,340

 
40,473,705

 
40,289,889

Incremental shares due to:
 
 
 
 
 
 
 
Performance shares
107,391

 
31,725

 
109,258

 
32,739

Restricted stock units
70,089

 
72,048

 
65,319

 
70,505

Stock options
7,389

 
22,819

 
7,134

 
20,900

Diluted weighted-average shares outstanding
40,693,741

 
40,458,932

 
40,655,416

 
40,414,033

 
 
 
 
 
 
 
 
Basic net income per share
$
0.47

 
$
0.13

 
$
0.86

 
$
0.25

Diluted net income per share
$
0.47

 
$
0.13

 
$
0.85

 
$
0.25

 
 
 
 
 
 
 
 
Anti-dilutive shares excluded from the calculation:
 
 
 
 
 
 
 
Performance shares
10,311

 

 
18,474

 
84,143

Restricted stock units

 

 
432

 
17,430

Total anti-dilutive shares excluded from the calculation
10,311

 

 
18,906

 
101,573