XML 17 R25.htm IDEA: XBRL DOCUMENT v2.4.0.8
COMPUTATION OF EARNINGS PER COMMON SHARE (Tables)
 3 Months Ended
Jun. 30, 2014
Earnings Per Share [Abstract]  
Computation of Basic and Diluted Earnings per Common Share
The following table sets forth the computation of basic and diluted earnings per common share for the three months ended June 30, 2014 and 2013:
 
 
Three Months Ended June 30,
(in thousands, except per share data)
 
2014

2013
Numerator:
 
 
 
 
Net income
 
$
28,672

 
$
26,953

 
 
 
 
 
Denominator:
 
 
 
 
Weighted average common shares-basic
 
41,619

 
42,692

Dilutive effect of employee equity incentive plans
 
847

 
958

Weighted average common shares-diluted
 
42,466

 
43,650

 
 
 
 
 
Basic earnings per common share
 
$
0.69

 
$
0.63

Diluted earnings per common share
 
$
0.68

 
$
0.62

 
 
 
 
 
Potentially dilutive securities excluded from diluted earnings per common share because their effect is anti-dilutive
 
547

 
292