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Earnings and Dividends Per Share (Tables)
3 Months Ended
Mar. 31, 2013
Earnings Per Share [Abstract]  
Schedule of Earnings Per Share, Basic and Diluted
The following table summarizes the average number of common shares and the net income used in the calculation of basic and diluted earnings per share (in thousands, except share and per share amounts):
 
Three Months Ended
 
March 31,
 
2013
 
2012
Income from continuing operations attributable to common stockholders
$
14,828

 
$
17,217

Discontinued operations
915

 
1,133

Net income attributable to common stockholders
$
15,743

 
$
18,350

 
 
 
 
BASIC:
 
 
 
Weighted average common shares outstanding
27,876,176

 
27,776,104

 
 
 
 
Income from continuing operations per common share
$
.53

 
$
.62

Discontinued operations per common share
.03

 
.04

Net income per common share
$
.56

 
$
.66

 
 
 
 
DILUTED:
 
 
 
Weighted average common shares outstanding
27,876,176

 
27,776,104

Stock options
35,408

 
27,118

Average dilutive common shares outstanding
27,911,584

 
27,803,222

 
 
 
 
Income from continuing operations per common share
$
.53

 
$
.62

Discontinued operations per common share
.03

 
.04

Net income per common share
$
.56

 
$
.66

 
 
 
 
Incremental shares excluded since anti-dilutive:
 
 
 
Stock options with an exercise price in excess of the average market price for our common shares
11,964

 
11,681

 
 
 
 
Dividends declared per common share
$
.695

 
$
.65