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Earnings Per Share (Tables)
9 Months Ended
Sep. 30, 2012
Earnings Per Share [Abstract]  
Schedule Of Computation Of Earnings Per Share

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net Income

For the Three Months Ended September 30,

 

Income

 

Shares

 

Earnings per Share

2012 

 

 

 

 

 

 

 

 

 

 

Earnings

 

$

20,845 

 

18,960 

 

$

1.10 

 

Dilutive stock options

 

 

 -

 

341 

 

 

 

 

Nonvested stock awards

 

 

 -

 

103 

 

 

 

 

Diluted earnings

 

$

20,845 

 

19,404 

 

$

1.07 

 

 

 

 

 

 

 

 

 

 

2011 

 

 

 

 

 

 

 

 

 

 

Earnings

 

$

21,887 

 

20,674 

 

$

1.06 

 

Dilutive stock options

 

 

 -

 

293 

 

 

 

 

Nonvested stock awards

 

 

 -

 

88 

 

 

 

 

Diluted earnings

 

$

21,887 

 

21,055 

 

$

1.04 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net Income

For the Nine Months Ended September 30,

 

Income

 

Shares

 

Earnings per Share

2012 

 

 

 

 

 

 

 

 

 

 

Earnings

 

$

62,564 

 

18,977 

 

$

3.30 

 

Dilutive stock options

 

 

 -

 

313 

 

 

 

 

Nonvested stock awards

 

 

 -

 

92 

 

 

 

 

Diluted earnings

 

$

62,564 

 

19,382 

 

$

3.23 

 

 

 

 

 

 

 

 

 

 

2011 

 

 

 

 

 

 

 

 

 

 

Earnings

 

$

60,274 

 

20,934 

 

$

2.88 

 

Dilutive stock options

 

 

 -

 

379 

 

 

 

 

Nonvested stock awards

 

 

 -

 

87 

 

 

 

 

Diluted earnings

 

$

60,274 

 

21,400 

 

$

2.82 

 

Changes In Stock Price Impact On Number Of Shares Included In Diluted Earnings Per Share And Issuable Upon Conversion Of Notes

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Shares

 

 

 

Total Treasury

 

Shares Due

 

Incremental

 

 

 

Underlying 1.875%

 

 

 

Method

 

to the Company

 

Shares Issued/

 

Share

 

Convertible

 

Warrant

 

Incremental

 

under Notes

 

Received by the Company

 

Price

 

Notes

 

Shares

 

Shares (a)

 

Hedges

 

upon Conversion (b)

$

80.73 

 

44,670 

 

 -

 

44,670 

 

(47,786)

 

(3,116)

$

90.73 

 

299,912 

 

 -

 

299,912 

 

(320,837)

 

(20,925)

$

100.73 

 

504,477 

 

 -

 

504,477 

 

(539,674)

 

(35,197)

$

110.73 

 

672,093 

 

120,638 

 

792,731 

 

(718,985)

 

73,746 

$

120.73 

 

811,941 

 

319,805 

 

1,131,746 

 

(868,591)

 

263,155 

$

130.73 

 

930,395 

 

488,502 

 

1,418,897 

 

(995,309)

 

423,588 

 

a)

Represents the number of incremental shares that must be included in the calculation of fully diluted shares under U.S. GAAP.

b)

Represents the number of incremental shares to be issued by the Company upon conversion of the 1.875% Convertible Notes, assuming concurrent settlement of the note hedges and warrants.