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Earnings per Share (Tables)
3 Months Ended
Mar. 31, 2013
Earnings Per Share [Abstract]  
Computation of Basic and Diluted Earnings per Share
The following table sets forth the computation of basic and diluted earnings per share for the three month periods ended March 31, 2013 and 2012.
 
Three Months Ended March 31,
 
2013
2012
Net income
$
20,044

$
12,214

Less preferred stock dividends

853

Net income available to common shareholders, basic and diluted
$
20,044

$
11,361

 
 
 
Weighted average common shares outstanding for basic earnings per share computation
43,140,409

42,873,769

Dilutive effects of stock-based compensation
287,973

108,774

Weighted average common shares outstanding for diluted earnings per common share computation
43,428,382

42,982,543

 
 
 
Basic earnings per common share
$
0.46

$
0.26

Diluted earnings per common share
$
0.46

$
0.26