Earnings Per Common Share (Tables)

3 Months Ended

Mar. 31, 2013

Earnings Per Share [Abstract]

Calculation of Both Basic and Diluted Earnings Per Common Share

The following table shows the calculation of both basic and diluted earnings per common share for the three months ended March 31, 2013 and 2012:

	Three Months Ended March 31,
	2013		2012
	(in thousands, except for share data)
Net income	$	31,310	$	34,531
Basic weighted-average number of common shares outstanding		198,924,995		196,930,733
Plus: common stock equivalents		—		31,182
Diluted weighted-average number of common shares outstanding		198,924,995		196,961,915
Earnings per common share:
Basic	$	0.16	$	0.18
Diluted		0.16		0.18