Earnings per Share ("EPS")

6 Months Ended

Jun. 30, 2013

Earnings Per Share ("EPS")

NOTE 12. Earnings per Share ("EPS")
	The following tables set forth the calculation of basic and diluted EPS for the three-month and six-month periods ended June 30,
2013 and 2012.
Basic earnings per common share
		Three Months Ended June 30,				Six Months Ended June 30,
		2013		2012		2013		2012
Net income applicable to common shareholders		$	45,648	$	37,793	$	88,047	$	61,266
Weighted average common shares outstanding			186,812		187,616		186,710		179,471
Basic earnings per common share		$	0.24	$	0.20	$	0.47	$	0.34
Diluted earnings per common share
		Three Months Ended June 30,				Six Months Ended June 30,
		2013		2012		2013		2012
Net income available to common shareholders		$	45,648	$	37,793	$	88,047	$	61,266
Weighted average common shares outstanding			186,812		187,616		186,710		179,471
Dilutive potential common shares			911		685		902		685
Total diluted average common shares outstanding			187,723		188,301		187,612		180,156
Diluted earnings per common share		$	0.24	$	0.20	$	0.47	$	0.34

For the three months ended June 30, 2013 and 2012, weighted average options to purchase 1,490 and 2,075 shares, respectively, were outstanding but were not included in the computation of diluted EPS because the effect of the options would have been antidilutive for the period. For the six months ended June 30, 2013 and 2012, weighted average options to purchase 1,530 and 2,173 shares, respectively, were outstanding but were not included in the computation of diluted EPS because the effect of the options would have been antidilutive for the period.