Quarterly report pursuant to Section 13 or 15(d)

Stockholders' Equity

v2.4.0.8
Stockholders' Equity
 9 Months Ended
Sep. 30, 2014
Stockholders' Equity Note [Abstract]  
STOCKHOLDERS' EQUITY
STOCKHOLDERS’ EQUITY    
A summary of changes in shareholders’ equity is presented below (dollars in thousands): 
 
Nine Months Ended September 30, 2014
 
Number of
Shares
 
Common
Stock
 
Additional
Paid-In
Capital
 
Retained
Earnings
 
Total
Balance at December 31, 2013
36,244

 
$
362

 
$
412,961

 
$
428,069

 
$
841,392

Net earnings
—

 
—

 
—

 
93,033

 
93,033

Exercise/vesting of equity awards
351

 
4

 
730

 
—

 
734

Excess income tax benefit from stock-based awards
—

 
—

 
2,197

 
—

 
2,197

Equity award compensation expense
—

 
—

 
9,035

 
—

 
9,035

Issuance of stock (1)
2,530

 
25

 
110,395

 
—

 
110,420

Other
—

 
—

 
(114
)
 
—

 
(114
)
Balance at September 30, 2014
39,125

 
$
391

 
$
535,204

 
$
521,102

 
$
1,056,697

 
 
Nine Months Ended September 30, 2013
 
Number of
Shares
 
Common
Stock
 
Additional
Paid-In
Capital
 
Retained
Earnings
 
Total
Balance at December 31, 2012
35,613

 
$
356

 
$
390,249

 
$
303,605

 
$
694,210

Net earnings
—

 
—

 
—

 
78,375

 
78,375

Exercise/vesting of equity awards
618

 
6

 
11,219

 
—

 
11,225

Excess income tax benefit from stock-based awards
—

 
—

 
1,733

 
—

 
1,733

Equity award compensation expense
—

 
—

 
7,040

 
—

 
7,040

Non-controlling interest acquisition
—

 
—

 
(257
)
 
—

 
(257
)
Balance at September 30, 2013
36,231

 
$
362

 
$
409,984

 
$
381,980

 
$
792,326


(1) In January 2014, we issued 2,530,000 shares of common stock in a secondary public offering, par value $0.01 per share, at a price of $45.75 per share.