Earnings per Share

9 Months Ended

Sep. 30, 2014

Earnings Per Share [Abstract]

Earnings per Share

Earnings per Share

The following table sets forth the computation of basic and diluted earnings per common share:

	Three Months Ended September 30,				Nine Months Ended September 30,
	2014		2013		2014		2013
	(in thousands, except per share amounts)
Numerator
Net income	$	67,000	$	61,103	$	169,555	$	133,725
Denominator
Weighted-average shares outstanding, basic	72,755		72,632		72,727		72,571
Effect of dilutive stock awards	548		371		557		363
Adjusted weighted-average shares outstanding, diluted	73,303		73,003		73,284		72,934
Net Income per Share
Basic earnings per common share	$	0.92	$	0.84	$	2.33	$	1.84
Diluted earnings per common share	$	0.91	$	0.84	$	2.31	$	1.83
Anti-dilutive weighted-average shares	—		1		38		1