Earnings Per Share (Tables)

6 Months Ended

Jun. 30, 2014

Earnings Per Share [Abstract]

Earnings Per Share

The following table presents a reconciliation of basic and diluted earnings per common share:

	Three Months Ended						Six Months Ended
	June 30,						June 30,
(In thousands, except per share amounts)	2014			2013			2014			2013
Numerator - basic and diluted:
Income from continuing operations	$	62,348		$	927		$	104,621		$	1,055
Net income attributable to noncontrolling interests	—			(14		)	—			(31		)
Allocation to participating securities	(212		)	—			(355		)	—
Income from continuing operations applicable to common shares	$	62,136		$	913		$	104,266		$	1,024
Income from discontinued operations applicable to common shares	$	—		$	725		$	—		$	10,960
Denominator - basic:	57,475			49,864			57,419			49,749
Effect of dilutive securities (1)	444			719			457			682
Denominator - diluted:	57,919			50,583			57,876			50,431
Net income applicable to common shares - basic:
Income from continuing operations applicable to common shares	$	1.08		$	0.02		$	1.82		$	0.02
Income from discontinued operations	—			0.01			—			0.22
Net income attributable to common shares - basic	$	1.08		$	0.03		$	1.82		$	0.24
Net income applicable to common shares - diluted:
Income from continuing operations applicable to common shares	$	1.07		$	0.02		$	1.80		$	0.02
Income from discontinued operations	—			0.01			—			0.22
Net income attributable to common shares - diluted	$	1.07		$	0.03		$	1.80		$	0.24

(1) The Company has excluded 83 stock options for the three and six months ended June 30, 2013, as their inclusion would be anti-dilutive