Quarterly report pursuant to Section 13 or 15(d)

Earnings Per Share (Tables)

v3.2.0.727
Earnings Per Share (Tables)
 6 Months Ended
Jun. 30, 2015
Earnings Per Share [Abstract]  
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]
The following table presents a reconciliation of the earnings and shares used in calculating basic and diluted earnings per share, or EPS, for the three and six months ended June 30, 2015 and 2014:
 
Three Months Ended
 
Six Months Ended
 
June 30,
 
June 30,
(in thousands, except share data)
2015
 
2014
 
2015
 
2014
Numerator:
 
 
 
 
 
 
 
Net income
$
221,501

 
$
39,657

 
$
316,294

 
$
10,512

Denominator:
 
 
 
 
 
 
 
Weighted average common shares outstanding
364,919,352

 
364,078,669

 
364,775,066

 
363,996,652

Weighted average restricted stock shares
2,154,779

 
1,999,455

 
2,017,393

 
1,849,643

Basic and diluted weighted average shares outstanding
367,074,131

 
366,078,124

 
366,792,459

 
365,846,295

Basic and Diluted Earnings Per Share:
$
0.60

 
$
0.11

 
$
0.86

 
$
0.03