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Earnings Per Common Share (Tables)
9 Months Ended
Sep. 30, 2013
Earnings Per Common Share  
Schedule of earnings per common share

 

 

 

 

Three Months Ended
September 30,

 

Nine Months Ended
 September 30,

 

 

 

2013

 

2012

 

2013

 

2012

 

 

 

(in thousands, except per share data)

 

 

 

 

 

 

 

 

 

 

 

Net income available to common stockholders

 

$

7,024

 

$

4,000

 

$

19,081

 

$

14,715

 

Shares:

 

 

 

 

 

 

 

 

 

Weighted average common shares outstanding

 

86,801

 

86,654

 

86,745

 

86,634

 

 

 

 

 

 

 

 

 

 

 

Dilutive effect of outstanding options, warrants and restricted stock units as determined by the application of the treasury stock method

 

275

 

8

 

299

 

9

 

 

 

 

 

 

 

 

 

 

 

Weighted average common shares outstanding, as adjusted for diluted earnings per share calculation

 

87,076

 

86,662

 

87,044

 

86,643

 

 

 

 

 

 

 

 

 

 

 

Basic earnings per common share

 

$

0.08

 

$

0.05

 

$

0.22

 

$

0.17

 

 

 

 

 

 

 

 

 

 

 

Diluted earnings per common share

 

$

0.08

 

$

0.05

 

$

0.22

 

$

0.17