Net Income per Share (Tables)

3 Months Ended

Mar. 31, 2014

Earnings Per Share [Abstract]

Computation of the Company’s basic and diluted net income per share

The computation of the Company's basic and diluted net income per share for the three months ended March 31, 2014 and 2013 was as follows:

		Three Months Ended
		March 31,
		2014			2013
	(In thousands, except per share data)
Numerator for basic and dilutive income per common share:
Net income		$	20,824		$	18,239
Less: Net income allocated to unvested participating restricted stock		(343		)	(329		)
Net income available to common stockholders - basic		20,481			17,910
Effect of unvested participating restricted stock in two-class calculation		2			1
Net income available to common stockholders - diluted		$	20,483		$	17,911
Denominator:
Weighted average outstanding shares of common stock - basic		18,794			18,911
Dilutive effect of stock options		260			282
Weighted average outstanding shares of common stock - diluted		19,054			19,193
Net income per common share:
Basic		$	1.09		$	0.95
Diluted		$	1.08		$	0.93