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EARNINGS PER SHARE (Tables)
9 Months Ended
Sep. 30, 2013
EARNINGS PER SHARE  
Schedule of computation of basic and diluted net earnings per share

 

 

 

Three Months
Ended
September 30,
2013

 

Three Months
Ended
 September 30,
 2012

 

Nine Months
Ended
September 30,
2013

 

Nine Months
Ended
September 30,
2012

 

 

 

(in thousands, except for per 
share data)

 

(in thousands, except for per
share data)

 

 

 

 

 

 

 

 

 

 

 

Net earnings applicable to common shareholders

 

$

14,656

 

$

2,405

 

$

26,664

 

$

11,469

 

 

 

 

 

 

 

 

 

 

 

Weighted average shares outstanding — basic

 

72,424,626

 

71,178,903

 

72,235,047

 

71,089,212

 

Effect of dilutive securities — restricted stock

 

 

 

 

 

Effect of dilutive securities — stock options

 

194,107

 

861,490

 

190,803

 

937,933

 

 

 

 

 

 

 

 

 

 

 

Weighted average shares outstanding - diluted

 

72,618,733

 

72,040,393

 

72,425,850

 

72,027,145

 

 

 

 

 

 

 

 

 

 

 

Basic net earnings per share

 

$

0.20

 

$

0.03

 

$

0.37

 

$

0.16

 

Diluted net earnings per share

 

$

0.20

 

$

0.03

 

$

0.37

 

$

0.16