Earnings Per Share (Tables)

9 Months Ended

Sep. 30, 2014

Earnings Per Share [Abstract]

Schedule of basic and diluted earnings per common share from continuing operations

The following table presents the calculation of basic and diluted earnings per common share from continuing operations:

	Three months ended September 30,					Nine months ended September 30,
	2014			2013		2014			2013
	(In thousands, except per share amounts)
Earnings per share — Basic:
Earnings from continuing operations	$	83,967		73,875		$	208,759		177,252
Less: Distributed and undistributed earnings allocated to nonvested stock	(275		)	(643	)	(879		)	(1,636	)
Earnings from continuing operations available to common shareholders — Basic	$	83,692		73,232		$	207,880		175,616
Weighted average common shares outstanding — Basic	52,459			51,788		52,559			51,397
Earnings from continuing operations per common share — Basic	$	1.60		1.41		$	3.96		3.42
Earnings per share — Diluted:
Earnings from continuing operations	$	83,967		73,875		$	208,759		177,252
Less: Distributed and undistributed earnings allocated to nonvested stock	(273		)	(639	)	(873		)	(1,625	)
Earnings from continuing operations available to common shareholders — Diluted	$	83,694		73,236		$	207,886		175,627
Weighted average common shares outstanding — Basic	52,459			51,788		52,559			51,397
Effect of dilutive equity awards	515			440		487			451
Weighted average common shares outstanding — Diluted	52,974			52,228		53,046			51,848
Earnings from continuing operations per common share — Diluted	$	1.58		1.40		$	3.92		3.39
Anti-dilutive equity awards not included above	8			584		212			863