Weighted

Average

Shares Of

Earnings

Common

Per Share

Stock

Net

Of Common

Outstanding

Income

Stock

Net income (Restated)

$

127,759,000

Weighted average shares of common stock outstanding

72,419,980

Less preferred stock dividends:

Special dividend on redemption of $2.625 cumulative convertible preferred stock

(46,423

)

$ 2.625 cumulative convertible preferred stock

(788,902

)

72,419,980

$

126,923,675

Basic earnings per share of common stock (Restated)

$

1.75

Assume exercise of common stock equivalents

1,074,767

—

(Anti-dilutive common stock equivalents are not used in this calculation)

73,494,747

$

126,923,675

Fully diluted earnings per share of common stock (Restated)

$

1.73