Earnings Per Share (Tables)

3 Months Ended

Mar. 31, 2013

Earnings Per Share [Abstract]

Schedule Computing Earnings Per Share

The amounts used in computing earnings per share and the weighted average number of shares of potentially dilutive securities are as follows:

	Three months ended March 31,
(in thousands, except market price data)	2013	2012
Net income available to common shareholders	$11,511	$47,041
Weighted average number of shares:
Weighted average number of shares used in
calculating basic net income/(loss) per share	31,496	31,309
Effect of dilutive stock-based compensation plans:
Stock options	113	110
Long-term incentive plan	173	114
Weighted average number of shares used in
calculating diluted net income per share	31,782	31,533
Effect of stock-based compensation plans
that were not included in the computation of
diluted earnings per share because
to do so would have been antidilutive	-	-
Average market price of common stock used
for calculation of dilutive shares	$26.41	$23.97
Net income per share:
Basic	$0.37	$1.50
Diluted	$0.36	$1.49

Schedule of Shares Issued and Outstanding

The following table presents the number of shares issued and outstanding:

	Class A	Class B	Less: Treasury		Net shares
	Shares	Shares	Shares		Outstanding
March 31, 2013	36,827,227	3,236,098	(8,467,873	)	31,595,452
December 31, 2012	36,642,204	3,236,098	(8,467,873	)	31,410,429
March 31, 2012	36,585,004	3,236,098	(8,479,487	)	31,341,615