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Earnings Per Share (Tables)
 3 Months Ended
Mar. 31, 2015
Earnings Per Share [Abstract]  
Schedule of Shares Used for Basic and Diluted EPS Calculations
Our calculation of basic and diluted earnings per share is as follows:
 
Three Months Ended
 
March 31,
In thousands, except per share data
2015
 
2014
Numerator
 
 
 
Income from continuing operations
$
42,155

 
$
27,606

Loss from discontinued operations
(6,556
)
 
(4,431
)
Net income
$
35,599

 
$
23,175

 
 
 
 
Distributed income from continuing operations to common shares
$
5,454

 
$
—

Distributed income from continuing operations to participating shares
148

 
—

Total distributed income from continuing operations
$
5,602

 
$
—

 
 
 
 
Undistributed income from continuing operations to common shares
$
35,321

 
$
26,860

Undistributed income from continuing operations to participating shares
1,232

 
746

Total undistributed income from continuing operations
$
36,553

 
$
27,606

 
 
 
 
Income from continuing operations to common shares - basic
$
40,775

 
$
26,860

Undistributed income from continuing operations allocated to participating shares
1,232

 
746

Undistributed income from continuing operations reallocated to participating shares
(1,231
)
 
(727
)
Income from continuing operations to common shares - diluted
$
40,776

 
$
26,879

 
 
 
 
Denominator
 
 
 
Weighted average common shares - basic
18,269

 
23,944

Dilutive effect of share-based payment awards
17

 
112

Dilutive effect of convertible debt
—

 
519

Weighted average common shares - diluted(1)
18,286

 
24,575

 
 
 
 
Basic earnings (loss) per common share:
 
 
 
Continuing operations
$
2.23

 
$
1.12

Discontinued operations
(0.36
)
 
(0.18
)
Basic earnings per common share
$
1.87

 
$
0.94

 
 
 
 
Diluted earnings (loss) per common share:
 
 
 
Continuing operations
$
2.23

 
$
1.09

Discontinued operations
(0.36
)
 
(0.18
)
Diluted earnings per common share
$
1.87

 
$
0.91

 
 
 
 
Stock options and share-based awards not included in diluted EPS calculation because their effect would have be antidilutive
3

 
156

(1)
Participating securities were included in the calculation of diluted earnings per share using the two-class method, as this calculation was more dilutive than the calculation using the treasury stock method.