XML 47 R22.htm IDEA: XBRL DOCUMENT v2.4.0.8
EARNINGS PER SHARE
 3 Months Ended
Mar. 31, 2014
Earnings Per Share [Abstract]  
EARNINGS PER SHARE
EARNINGS PER SHARE     
The following are computations of basic and diluted earnings per share (in thousands except for per share amounts):
 
Three Months Ended
 
March 31,
 
2014
 
2013
Numerator for basic and diluted earnings per share:
 

 
 

Net income
$
8,960

 
$
10,502

 
 
 
 
Denominator:
 

 
 

Basic shares outstanding
60,720

 
60,464

Dilutive effect of equity-based compensation awards
141

 
166

Dilutive shares outstanding
60,861

 
60,630

 
 
 
 
Basic earnings per share:
$
0.15

 
$
0.17

 
 

 
 

Diluted earnings per share:
$
0.15

 
$
0.17


For the three months ended March 31, 2014, the dilutive effect of all then outstanding options, restricted stock and performance awards is included in the EPS calculations above except for 101,059 outstanding performance stock awards for which the performance criteria were not attained at that time. For the three months ended March 31, 2013, the EPS calculations above include the dilutive effects of all then outstanding options, restricted stock, and performance awards except for 61,000 outstanding performance stock awards for which the performance criteria were not attained at that time.