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Earnings Per Common Share (Tables)
6 Months Ended
Jun. 30, 2013
Earnings Per Share [Abstract]  
Earnings Per Share Basic And Diluted
The calculation of basic and diluted earnings per common share follows:
 
Three months ended June 30,
 
Six months ended June 30,
(In thousands, except per share data)
2013
2012
 
2013
2012
Earnings for basic and diluted earnings per common share:
 
 
 
 
 
Net income available to common shareholders
$
43,734

$
40,625

 
$
82,965

$
78,948

Less: Dividends to participating shares
(56
)
(44
)
 
(88
)
(64
)
Income allocated to participating shares
(129
)
(160
)
 
(247
)
(320
)
Net income allocated to common shareholders
$
43,549

$
40,421

 
$
82,630

$
78,564

 
 
 
 
 
 
Shares:
 
 
 
 
 
Weighted average common shares outstanding - basic
89,645

87,291

 
87,585

87,254

Effect of dilutive securities:
 
 
 
 
 
Stock options and restricted stock
290

252

 
308

274

Warrants - Series A1 and A2

3,908

 
1,917

4,031

Warrants - other
152

92

 
143

110

Weighted average common shares outstanding - diluted
90,087

91,543

 
89,953

91,669

 
 
 
 
 
 
Earnings per common share:
 
 
 
 
 
Basic
$
0.49

$
0.46

 
$
0.94

$
0.90

Diluted
$
0.48

$
0.44

 
$
0.92

$
0.86