Earnings Per Share

3 Months Ended

Mar. 31, 2015

Earnings Per Share [Abstract]

EARNINGS PER SHARE

EARNINGS PER SHARE

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

	Three months ended March 31,
	2015			2014
	(In thousands, except per share amounts)
Earnings per share — Basic:
Earnings from continuing operations	$	53,453		49,098
Less: Distributed and undistributed earnings allocated to nonvested stock	(147		)	(255	)
Earnings from continuing operations available to common shareholders — Basic	$	53,306		48,843
Weighted average common shares outstanding — Basic	52,596			52,660
Earnings from continuing operations per common share — Basic	$	1.01		0.93
Earnings per share — Diluted:
Earnings from continuing operations	$	53,453		49,098
Less: Distributed and undistributed earnings allocated to nonvested stock	(145		)	(255	)
Earnings from continuing operations available to common shareholders — Diluted	$	53,308		48,843
Weighted average common shares outstanding — Basic	52,596			52,660
Effect of dilutive equity awards	510			463
Weighted average common shares outstanding — Diluted	53,106			53,123
Earnings from continuing operations per common share — Diluted	$	1.00		0.92
Anti-dilutive equity awards not included above	184			215