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Earnings Per Share
12 Months Ended
Dec. 31, 2011
Earnings Per Share [Abstract]  
Earnings Per Share

(22) EARNINGS PER SHARE

A reconciliation of the weighted average common shares outstanding used in the basic and diluted earnings per weighted average common share (EPS) calculation was as follows (in thousands):

 

      2011      2010      2009  

Weighted average common shares outstanding:

        

Basic EPS calculation

     110,626         110,442         110,268   

Effect of dilutive share-based awards

     52         79         84   
  

 

 

    

 

 

    

 

 

 

Diluted EPS calculation

     110,678         110,521         110,352   
  

 

 

    

 

 

    

 

 

 

The following options to purchase shares of common stock were excluded from the calculation of diluted EPS as the exercise prices were greater than the average market price:

 

     2011      2010      2009  

Options to purchase shares of common stock

     —           —           313,237   

Weighted average exercise price of options excluded

   $ —         $ —         $ 29.26