Earnings Per Share

9 Months Ended

Sep. 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 September 30, 2014
	Net Earnings		Weighted Average Shares	Per Share
Basic earnings per common share	$	25,306	52,864	$	0.48
Effect of dilutive stock awards	—		250
Diluted earnings per common share	$	25,306	53,114	$	0.48

	Three Months Ended September 30, 2013
	Net Earnings		Weighted Average Shares	Per Share
Basic earnings per common share	$	27,165	53,438	$	0.51
Effect of dilutive stock awards	—		374
Diluted earnings per common share	$	27,165	53,812	$	0.50

	Nine Months Ended September 30, 2014
	Net Earnings		Weighted Average Shares	Per Share
Basic earnings per common share	$	71,696	52,828	$	1.36
Effect of dilutive stock awards	—		241
Diluted earnings per common share	$	71,696	53,069	$	1.35

	Nine Months Ended September 30, 2013
	Net Earnings		Weighted Average Shares	Per Share
Basic earnings per common share	$	115,174	55,423	$	2.08
Effect of dilutive stock awards	—		377
Diluted earnings per common share	$	115,174	55,800	$	2.06

For the three-month periods ended September 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 2,507,547 and 1,183,826, respectively.

For the nine-month periods ended September 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 2,513,948 and 1,340,372, respectively.