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Earnings Per Share (Tables)
6 Months Ended
Jun. 30, 2013
Earnings Per Share [Abstract]  
Schedule of Earnings Per Share, Basic and Diluted
The following table presents the computations for basic and diluted earnings per common share:
 
 
Three Months Ended June 30,
 
Six Months Ended June 30,
 
2013
 
2012
 
2013
 
2012
 
(in thousands, except shares and per share amounts)
Numerator:
 
 
 
 
 
 
 
Net income
$
27,761

 
$
320,886

 
$
50,439

 
$
334,177

Denominator:
 
 
 
 
 
 
 
Weighted average shares outstanding - basic
62,289,437

 
62,112,936

 
62,265,941

 
62,095,670

Dilutive securities outstanding
818,476

 
497,118

 
810,540

 
552,482

Weighted average shares outstanding - diluted
63,107,913

 
62,610,054

 
63,076,481

 
62,648,152

Earnings per share - basic
$
0.45

 
$
5.17

 
$
0.81

 
$
5.38

Earnings per share - diluted
$
0.44

 
$
5.13

 
$
0.80

 
$
5.33

Antidilutive securities outstanding (weighted average):
 
 
 
 
 
 
 
Stock options
26,496

 
9,875

 
22,844

 
12,533

Restricted shares
172

 
484

 
1,364

 
1,836

Total antidilutive securities outstanding
26,668

 
10,359

 
24,208

 
14,369