Earnings Per Share

6 Months Ended

Jun. 30, 2014

Earnings Per Share [Abstract]

Earnings Per Share

Earnings Per Common Share.

Basic and diluted earnings per common share were calculated as follows (in thousands, except per share data):

	Three Months Ended June 30, 2014
	Net Earnings		Weighted Average Shares	Per Share
Basic earnings per common share	$	17,533	52,824	$	0.33
Effect of dilutive stock awards	—		250
Diluted earnings per common share	$	17,533	53,074	$	0.33

	Three Months Ended June 30, 2013
	Net Earnings		Weighted Average Shares	Per Share
Basic earnings per common share	$	41,876	54,885	$	0.76
Effect of dilutive stock awards	—		368
Diluted earnings per common share	$	41,876	55,253	$	0.76

	Six Months Ended June 30, 2014
	Net Earnings		Weighted Average Shares	Per Share
Basic earnings per common share	$	46,390	52,809	$	0.88
Effect of dilutive stock awards	—		238
Diluted earnings per common share	$	46,390	53,047	$	0.87

	Six Months Ended June 30, 2013
	Net Earnings		Weighted Average Shares	Per Share
Basic earnings per common share	$	88,009	56,416	$	1.56
Effect of dilutive stock awards	—		378
Diluted earnings per common share	$	88,009	56,794	$	1.55

For the three-month periods ended June 30, 2014 and 2013, the number of anti-dilutive stock awards that were outstanding but not included in the computation of diluted earnings per common share were 2,398,269 and 1,119,530, respectively.

For the six-month periods ended June 30, 2014 and 2013, the number of anti-dilutive stock awards that were outstanding but not included in the computation of diluted earnings per common share were 2,418,436 and 1,268,665, respectively.