XML 33 R32.htm IDEA: XBRL DOCUMENT  v2.3.0.11
Shareholders' Equity (Tables)
6 Months Ended
Jun. 30, 2011
Shareholders' Equity  
Schedule of components of accumulated other comprehensive income (loss)

 

 

 

June 30,

 

December 31,

 

June 30,

 

(in thousands)

 

2011

 

2010

 

2010

 

Net unrealized gain on securities available-for-sale.

 

$

56,596

 

$

36,386

 

$

54,128

 

Net unrealized gain on cash flow hedges

 

349

 

1,184

 

3,896

 

Pension liability adjustment

 

(652

)

(717

)

26

 

Total accumulated other comprehensive income

 

$

56,293

 

$

36,853

 

$

58,050

 

Schedule of components of total comprehensive income

 

For the six months ended
June 30,

 

(in thousands)

 

2011

 

2010

 

Net income (1)

 

$

88,230

 

$

58,086

 

Other comprehensive income:

 

 

 

 

 

Securities available for sale:

 

 

 

 

 

Net unrealized gain, net of taxes of $16,138 and $49,861 and reclassification of $1,099 and $1,193 included in net income

 

22,442

 

69,338

 

Non-credit related impairment loss, net of taxes of ($1,605) and ($5,641)

 

(2,233

)

(7,844

)

Net unrealized loss on cash flow hedges, net of taxes of $0 and $2,892 and reclassification of $485 and $3,249 included in net income

 

(834

)

(475

)

Pension liability adjustment

 

65

 

80

 

Total other comprehensive income

 

19,440

 

61,099

 

Total comprehensive income

 

$

107,670

 

$

119,185

 

 

(1)         Net income excludes net income attributable to redeemable noncontrolling interest of $1,120 and $1,230 for the six-month periods ended June 30, 2011 and 2010, respectively. Redeemable noncontrolling interest is reflected in the mezzanine section of the consolidated balance sheets.

Summary of entity's share repurchases activity

 

 

Period

 

Total Number 
of Shares
(or Units) 
Purchased

 

Average 
Price Paid 
per Share 
(or Unit)

 

April 1, 2011 to April 30, 2011

 

4,000

 

$

57.30

 

May 1, 2011 to May 31, 2011

 

 

 

June 1, 2011 to June 30, 2011

 

554

 

52.80

 

 

 

4,554

 

56.75