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Earnings Per Share (EPS)
3 Months Ended
Mar. 31, 2012
Earnings Per Share (EPS) [Abstract]  
EARNINGS PER SHARE (EPS)

NOTE 3: EARNINGS PER SHARE (EPS)

We report two earnings per share numbers: basic and diluted. These are computed by dividing net earnings by the weighted-average common shares outstanding (basic EPS) or weighted-average common shares outstanding assuming dilution (diluted EPS) as set forth below:

 

 

                 
    

Three Months Ended

March 31

 
in thousands   2012     2011  

Weighted-average common shares outstanding

    129,593       129,078  

Dilutive effect of

               

Stock options/SOSARs

    0       0  

Other stock compensation plans

    0       0  

Weighted-average common shares outstanding, assuming dilution

      129,593         129,078  

All dilutive common stock equivalents are reflected in our earnings per share calculations. Antidilutive common stock equivalents are not included in our earnings per share calculations. In periods of loss, shares that otherwise would have been included in our diluted weighted-average common shares outstanding computation are excluded. These excluded shares are as follows: three months ended March 31, 2012 — 461,000 and three months ended March 31, 2011 — 322,000.

The number of antidilutive common stock equivalents for which the exercise price exceeds the weighted-average market price, are as follows:

 

 

                 
    

Three Months Ended

March 31

 
in thousands   2012     2011  

Antidilutive common stock equivalents

          4,747             5,695