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Earnings Per Share
12 Months Ended
Dec. 31, 2013
Earnings Per Share

10. Earnings Per Share

The reconciliation of basic and diluted earnings per share for the years ended December 31, 2013, 2012 and 2011 is as follows:

 

     2013     2012     2011  
     Weighted-
Average
Shares
Out-
standing
     Per
Share
    Weighted-
Average
Shares
Out-
standing
     Per
Share
    Weighted-
Average
Shares
Out-
standing
     Per
Share
 
     (In thousands, except per share data)  

Basic earnings per share

     41,791       $ 5.26        41,697       $ 4.45        41,619       $ 2.95   

Potential dilutive effect of stock options

     91         (0.02     96         (0.01     98         (0.01
  

 

 

    

 

 

   

 

 

    

 

 

   

 

 

    

 

 

 

Diluted earnings per share

     41,882       $ 5.24        41,793       $ 4.44        41,717       $ 2.94