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Earnings Per Share
 12 Months Ended
Dec. 31, 2013
Earnings Per Share [Abstract]  
Earnings Per Share
The following data shows the amounts used in computing earnings per share:
 
 
Income
(Numerator)
 
Weighted
Shares
(Denominator)
 
Per-Share
Amount
 
(In thousands except per share amounts)
For the year ended December 31, 2013:
 
 
 
 
 
Basic earnings per common share
$
184,746

 
48,218

 
$
3.83

Effect of dilutive stock options, restricted stock, and SARs
—

 
354

 
(0.03
)
Diluted earnings per common share
$
184,746

 
48,572

 
$
3.80

For the year ended December 31, 2012:
 
 
 
 
 
Basic earnings per common share
$
23,176

 
47,909

 
$
0.48

Effect of dilutive stock options, restricted stock, and SARs
—

 
245

 
—

Diluted earnings per common share
$
23,176

 
48,154

 
$
0.48

For the year ended December 31, 2011:
 
 
 
 
 
Basic earnings per common share
$
195,867

 
47,658

 
$
4.11

Effect of dilutive stock options, restricted stock, and SARs
—

 
293

 
(0.03
)
Diluted earnings per common share
$
195,867

 
47,951

 
$
4.08


 
The following options and their average exercise prices were not included in the computation of diluted earnings per share because the option exercise prices were greater than the average market price of our common stock for the years ended December 31:

 
2013
 
2012
 
2011
Options and SARs
149,665

 
250,901

 
105,000

Average exercise price
$
58.41

 
$
52.72

 
$
61.24