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Earnings Per Share (Tables)
3 Months Ended
Mar. 31, 2013
Earnings Per Share [Abstract]  
Computation of Earnings Per Common Share

Following is a summary of the information used in the computation of earnings per common share using the two-class method (in thousands, except per share amounts):

 

     Three Months Ended  
     March 31,  
     2013      2012  

Numerator:

     

Net income to common shareholders

   $ 48,576       $ 18,495   

Net income allocated to participating securities—basic and diluted

     902         221   
  

 

 

    

 

 

 

Net income allocated to common shareholders—basic and diluted

   $ 47,674       $ 18,274   
  

 

 

    

 

 

 

Denominator:

     

Weighted-average common shares—basic

     84,871         84,741   

Dilutive potential common shares

     101         701   
  

 

 

    

 

 

 

Weighted average common shares—diluted

     84,972         85,442   
  

 

 

    

 

 

 

Earnings per common share:

     

Basic

   $ 0.56       $ 0.22   

Diluted

   $ 0.56       $ 0.21