XML 59 R19.htm IDEA: XBRL DOCUMENT v2.4.0.8
Earnings Per Share (Tables)
9 Months Ended
Sep. 30, 2013
Earnings Per Share [Abstract]  
Calculation of Basic and Diluted Weighted Average Shares Outstanding Earnings Per Share

The following table sets forth the calculation of basic and diluted weighted average shares outstanding and earnings per share for the indicated periods.

 

     Three Months Ended
September 30,
    Nine Months Ended
September 30,
 
     2013     2012     2013     2012  
     (In thousands, except per share amounts)  

Income (numerator):

        

Basic:

        

Net income

   $ 36,102      $ 23,659      $ 115,882      $ 105,180   

Net income attributable to participating securities

     (924     (564     (2,728     (2,283
  

 

 

   

 

 

   

 

 

   

 

 

 

Net income attributable to common stock—basic

   $ 35,178      $ 23,095      $ 113,154      $ 102,897   
  

 

 

   

 

 

   

 

 

   

 

 

 

Diluted:

        

Net income

   $ 36,102      $ 23,659      $ 115,882      $ 105,180   

Net income attributable to participating securities

     (923     (563     (2,726     (2,281
  

 

 

   

 

 

   

 

 

   

 

 

 

Net income attributable to common stock—diluted

   $ 35,179      $ 23,096      $ 113,156      $ 102,899   
  

 

 

   

 

 

   

 

 

   

 

 

 

Weighted average shares (denominator):

        

Weighted average shares—basic

     48,732        48,342        48,680        48,300   

Dilutive effect of stock options

     44        42        40        43   
  

 

 

   

 

 

   

 

 

   

 

 

 

Weighted average shares—diluted

     48,776        48,384        48,720        48,343   
  

 

 

   

 

 

   

 

 

   

 

 

 

Basic earnings per share

   $ 0.72      $ 0.48      $ 2.32      $ 2.13   
  

 

 

   

 

 

   

 

 

   

 

 

 

Diluted earnings per share

   $ 0.72      $ 0.48      $ 2.32      $ 2.13