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Earnings Per Share (Tables)
9 Months Ended
Sep. 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 September 30,
 
Nine Months Ended September 30,
 
2013
 
2012
 
2013
 
2012
 
(in thousands, except shares and per share amounts)
Numerator:
 
 
 
 
 
 
 
Net income
$
21,048

 
$
30,598

 
$
71,487

 
$
364,775

Denominator:
 
 
 
 
 
 
 
Weighted average shares outstanding - basic
62,309,270

 
62,139,833

 
62,280,542

 
62,110,498

Dilutive securities outstanding
1,151,748

 
706,031

 
990,518

 
634,679

Weighted average shares outstanding - diluted
63,461,018

 
62,845,864

 
63,271,060

 
62,745,177

Earnings per share - basic
$
0.34

 
$
0.49

 
$
1.15

 
$
5.87

Earnings per share - diluted
$
0.33

 
$
0.49

 
$
1.13

 
$
5.81

Antidilutive securities outstanding (weighted average):
 
 
 
 
 
 
 
Stock options
359

 
13,054

 
6,445

 
14,174

Restricted shares
0

 
0

 
1,067

 
9,249

Total antidilutive securities outstanding
359

 
13,054

 
7,512

 
23,423