XML 1062 R11.htm IDEA: XBRL DOCUMENT v2.4.0.8
EARNINGS PER SHARE
 9 Months Ended 12 Months Ended
Sep. 30, 2013
Dec. 31, 2012
Earnings Per Share [Abstract]    
EARNINGS PER SHARE

3. EARNINGS PER SHARE

Earnings per share is computed as follows (in thousands, except per share data):

 

    Three Months Ended September 30,     Nine Months Ended September 30,  
    2013     2012     2013     2012  
    Net
Income		     Shares     Per
Share
Amount		     Net
Income		     Shares     Per
Share
Amount		     Net
Income		     Shares     Per
Share
Amount		     Net
Income		     Shares     Per
Share
Amount		  

Basic earnings per share

   $ 120,199        89,610      $ 1.34      $ 92,257        82,461      $ 1.12      $ 63,985        86,867      $ 0.74      $ 86,243        82,480      $ 1.05   

Effect of dilutive incentive-based awards

       596            913            664            821     
 

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

  

Diluted earnings per share

   $ 120,199        90,206      $ 1.33      $ 92,257        83,374      $ 1.11      $ 63,985        87,531      $ 0.73      $ 86,243        83,301      $ 1.04   
 

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

  

Basic earnings per share is computed by dividing net income by the weighted average number of shares of common stock outstanding during the period. Diluted earnings per share is determined based on the dilutive effect of unvested restricted stock probable of vesting using the treasury stock method. During the three and nine months ended September 30, 2013 and 2012, there were no anti-dilutive shares of common stock excluded from the computation of diluted earnings per share.

5. EARNINGS PER SHARE

Earnings per share is computed as follows (in thousands, except per share data):

 

    Year Ended December 31,
2012		     Year Ended December 31,
2011		     Year Ended December 31,
2010		  
    Net
Income		     Shares     Per Share
Amount		     Net
Income		     Shares     Per Share
Amount		     Net
Income		     Shares     Per Share
Amount		  

Basic earnings per share

   $  77,444        82,480      $ 0.94      $ 19,113        81,392      $ 0.23      $  (45,464)        80,800      $ (0.56 ) 

Effect of dilutive incentive-based time vested unit awards

       1,072            632            —       
 

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

  

Diluted earnings per share

   $ 77,444        83,552      $  0.93      $  19,113        82,024      $  0.23      $  (45,464)        80,800      $ (0.56 ) 
 

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

  

Basic earnings per share is computed by dividing net income by the weighted average number of shares of common stock outstanding during the period. Diluted earnings per share is determined based on the dilutive effect of incentive units using the treasury stock method.