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Earnings Per Share (Tables)
3 Months Ended
Mar. 31, 2013
Computation of Basic and Diluted Earnings per Share
 
Three Months Ended
 
 
March 31,
 
(in thousands, except per share data)
2013
 
2012
 
Income from continuing operations
$
57,942

 
$
50,974

 
Less: Non-controlling interest in subsidiaries’ earnings
151

 
134

 
Income from continuing operations attributable to common shareholders
57,791

 
50,840

 
Discontinued operations, net of tax

 
822

 
Net income attributable to common shareholders
$
57,791

 
$
51,662

 
Average basic shares outstanding
57,479

 
57,889

 
Effect of dilutive stock options
910

 
991

 
Average diluted shares outstanding
58,389

 
58,880

 
Earnings per share - basic:
 
 
 
 
Income from continuing operations attributable to common shareholders
$
1.01

 
$
0.88

 
Discontinued operations, net of tax

 
0.01

 
Net income attributable to common shareholders
$
1.01

 
$
0.89

 
Earnings per share - diluted: (a)
 
 
 
 
Income from continuing operations attributable to common shareholders
$
0.99

 
$
0.86

 
Discontinued operations, net of tax

 
0.01

 
Net income attributable to common shareholders
$
0.99

 
$
0.88

 
 
(a)
EPS amounts may not add due to rounding