Quarterly report pursuant to Section 13 or 15(d)

Stockholders' Equity

v3.2.0.727
Stockholders' Equity
 6 Months Ended
Jun. 30, 2015
Stockholders' Equity Note [Abstract]  
STOCKHOLDERS' EQUITY
STOCKHOLDERS’ EQUITY
 
A summary of changes in shareholders’ equity is presented below (dollars in thousands): 

 
 
Six Months Ended June 30, 2015
 
 
(In thousands)
 
 
Number of
Shares
 
Common
Stock
 
Additional
Paid-In
Capital
 
Retained
Earnings
 
Total
Balance at December 31, 2014
 
39,147

 
$
391

 
$
538,788

 
$
570,310

 
$
1,109,489

Net earnings
 
—

 
—

 
—

 
45,533

 
45,533

Exercise/vesting of equity awards
 
514

 
6

 
2,833

 
—

 
2,839

Excess income tax benefit from stock-based awards
 
—

 
—

 
2,012

 
—

 
2,012

Equity award compensation expense
 
—

 
—

 
8,465

 
—

 
8,465

Balance at June 30, 2015
 
39,661

 
$
397

 
$
552,098

 
$
615,843

 
$
1,168,338



 
 
Six Months Ended June 30, 2014
 
 
(In thousands)
 
 
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
 
—

 
—

 
—

 
60,456

 
60,456

Exercise/vesting of equity awards
 
348

 
4

 
703

 
—

 
707

Excess income tax benefit from stock-based awards
 
—

 
—

 
2,194

 
—

 
2,194

Equity award compensation expense
 
—

 
—

 
5,264

 
—

 
5,264

Issuance of stock (1)
 
2,530

 
25

 
110,395

 
—

 
110,420

Other
 
—

 
$
—

 
$
(114
)
 
$
—

 
$
(114
)
Balance at June 30, 2014
 
39,122

 
$
391

 
$
531,403

 
$
488,525

 
$
1,020,319


(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.