Shareholders Equity (Tables)

9 Months Ended

Sep. 30, 2014

Earnings Per Share [Abstract]

Schedule of Earnings Per Share, Basic and Diluted

The reconciliation between basic and diluted EPS using the two-class method and treasury stock method is presented as follows:

	Three Months Ended September 30,				Nine Months Ended September 30,
(In thousands)	2014		2013		2014		2013
Basic EPS:
Net income	$	63,898	$	40,715	$	176,872	$	126,510
Less:
Cash dividends on 5.875% non-cumulative perpetual series A, Preferred Stock	1,469		1,469		4,407		3,868
Income allocated to participating securities	519		310		1,433		1,102
Net income attributable to common shareholders	$	61,910	$	38,936	$	171,032	$	121,540
Weighted average Common Stock outstanding used in basic EPS	165,389		165,044		165,263		144,402
Basic net income per common share	$	0.37	$	0.24	$	1.03	$	0.84
Diluted EPS:
Income used in diluted earnings per common share calculation	$	61,910	$	38,936	$	171,032	$	121,540
Weighted average Common Stock outstanding used in basic EPS	165,389		165,044		165,263		144,402
Add: Common Stock equivalents:
Warrant and stock plans	415		830		653		2,990
Weighted average Common and Common Stock equivalent shares outstanding	165,804		165,874		165,916		147,392
Diluted net income per common share	$	0.37	$	0.23	$	1.03	$	0.82