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Earnings per Share (Tables)
6 Months Ended
Jun. 30, 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 June 30,
 
Six Months Ended June 30,
 
2014
 
2013
 
2014
 
2013
 
(in thousands, except per share amounts)
Numerator
 
 
 
 
 
 
 
Net income
$
64,849

 
$
42,068

 
$
102,555

 
$
72,622

Denominator
 
 
 
 
 
 
 
Weighted-average shares outstanding, basic
72,740

 
72,593

 
72,712

 
72,540

Effect of dilutive stock awards
554

 
399

 
562

 
358

Adjusted weighted-average shares outstanding, diluted
73,294

 
72,992

 
73,274

 
72,898

Net Income per Share
 
 
 
 
 
 
 
Basic earnings per common share
$
0.89

 
$
0.58

 
$
1.41

 
$
1.00

Diluted earnings per common share
$
0.88

 
$
0.58

 
$
1.40

 
$
1.00

 
 
 
 
 
 
 
 
Anti-dilutive weighted-average shares
57


2

 
56

 
1