Earnings Per Share

3 Months Ended

Mar. 31, 2013

Earnings Per Share [Abstract]

Earnings Per Share

Earnings Per Share:

The following table presents the computations for basic and diluted earnings per common share:

	Three Months Ended March 31,
	2013		2012
	(in thousands, except shares and per share amounts)
Numerator:
Net income	$	22,678	$	13,291
Denominator:
Weighted average shares outstanding - basic	62,242,183		62,078,404
Dilutive securities outstanding	762,601		604,583
Weighted average shares outstanding - diluted	63,004,784		62,682,987
Earnings per share - basic	$	0.36	$	0.21
Earnings per share - diluted	$	0.36	$	0.21
Antidilutive securities outstanding (weighted average):
Stock options	18,315		15,191
Restricted shares	1,295		1,859
Total antidilutive securities outstanding	19,610		17,050