Earnings Per Share

3 Months Ended

Mar. 31, 2015

Earnings Per Share [Abstract]

Earnings Per Share

Note 9 – Earnings Per Share

The following table provides reconciliations of net income to net income available to common shareholders and the difference between average basic common shares outstanding and average diluted common shares outstanding:
	Three Months Ended
	March 31
(Dollars and shares in thousands, except per share data)	2015		2014
Net income/(loss)	$	(72,405)	$	49,979
Net income attributable to noncontrolling interest		2,758		2,813
Net income/(loss) attributable to controlling interest		(75,163)		47,166
Preferred stock dividends		1,550		1,550
Net income/(loss) available to common shareholders	$	(76,713)	$	45,616
Weighted average common shares outstanding - basic		232,816		235,183
Effect of dilutive securities		-		2,218
Weighted average common shares outstanding - diluted		232,816		237,401
Net income/(loss) per share available to common shareholders	$	(0.33)	$	0.19
Diluted income/(loss) per share available to common shareholders	$	(0.33)	$	0.19
Certain previously reported amounts have been revised to reflect the retroactive effect of the adoption of ASU 2014-01,"Equity Method and Joint Venture: Accounting for Investments in Qualified Affordable Housing Projects." See Note 1 - Financial Information for additional information.

For the three months ended March 31, 2015, all potential common shares wereantidilutive due to the net loss attributable to common shareholders. For the three months ended March 31, 2014, the dilutive effect for all potential common shares was 2.2 million. Stock options of 7.9 million and 4.7 million with weighted average exercise prices of $17.17 and $26.09 per share for the three months ended March 31, 2015 and 2014, respectively, were excluded from diluted shares because including such shares would be antidilutive. Other equity awards of 2.5million for the three months ended March 31, 2015, were excluded from diluted shares because including such shares would have been antidilutive.