Earnings Per Common Share (Tables)

6 Months Ended

Jun. 30, 2014

Earnings Per Common Share [Abstract]

Reconciliation of basic and diluted loss per share

6.    Earnings Per Common Share

	Three Months Ended				Six Months Ended
	June 30,				June 30,
	2014		2013		2014		2013
	(In thousands, except per share amounts)
Net income applicable to common stock	$	6,052	$	62,231	$	9,190	$	66,943
Convertible preferred stock dividends		-		1,157		-		2,252
Net income applicable to common stock for calculation of diluted earnings per share	$	6,052	$	63,388	$	9,190	$	69,195
Weighted average shares outstanding (1)		22,928		9,480		22,908		9,374
Restricted stock units		305		391		304		376
Effect of stock options		126		84		126		75
Stock units for deferred compensation plan for non-employee directors		107		123		116		119
Effect of convertible preferred stock		-		13,953		-		13,953
Weighted average shares outstanding for calculation of diluted earnings per share		23,466		24,031		23,454		23,897
Net income per common share
Basic (1)	$	0.26	$	6.56	$	0.40	$	7.14
Diluted	$	0.26	$	2.64	$	0.39	$	2.90

⁽¹⁾Basic net income per common share includes weighted average common shares outstanding during the period and participating share awards.