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Earnings Per Share (Tables)
3 Months Ended
Mar. 31, 2013
Earnings Per Share [Abstract]  
Summary of Earnings Per Share, Basic and Diluted

The calculation and reconciliation of basic and diluted earnings per share for the three months ended March 31 (in thousands, except per share data):

 

     Three Months Ended
March 31,
 
     2013      2012  

Net income

   $ 64,662       $ 42,079   
  

 

 

    

 

 

 

Denominator for basic and diluted earnings per share:

     

Weighted-average shares outstanding

     80,746         81,702   

Share-based payment awards classified as participating securities

     476         863   
  

 

 

    

 

 

 

Denominator for basic earnings per share

     81,222         82,565   

Dilutive securities

     2,738         2,599   
  

 

 

    

 

 

 

Denominator for diluted earnings per share

     83,960         85,164   
  

 

 

    

 

 

 

Basic earnings per share

   $ 0.80       $ 0.51   

Diluted earnings per share

   $ 0.77       $ 0.49