Reconciliation of Earnings Per Share (EPS)

9 Months Ended

Sep. 30, 2011

Reconciliation of Earnings Per Share (EPS)

RECONCILIATION OF EARNINGS PER SHARE (EPS)



	Three months ended					Three months ended
(in thousands, except per share amounts)	September 30, 2011					September 30, 2010
	Net			Per Share		Net			Per Share
	Income		Shares	Amount		Income		Shares	Amount
Basic EPS	$	87,599	72,068	$	1.22	$	38,304	71,854	$	0.53
Effect of dilutive securities
Stock options			298					199
Non-vested restricted stock			9					17
Diluted EPS	$	87,599	72,375	$	1.21	$	38,304	72,070	$	0.53



	Nine months ended					Nine months ended
(in thousands, except per share amounts)	September 30, 2011					September 30, 2010
	Net			Per Share		Net			Per Share
	Income		Shares	Amount		Income		Shares	Amount
Basic EPS	$	245,192	72,045	$	3.40	$	210,557	71,838	$	2.93
Effect of dilutive securities
Stock options			355					206
Non-vested restricted stock			9					17
Diluted EPS	$	245,192	72,409	$	3.39	$	210,557	72,061	$	2.92

For the three months and nine months ended September 30, 2011, the Company had 293,978 options that were excluded from the computation of diluted EPS, as their effect was non-dilutive. For the three months and nine months ended September 30, 2010, the Company had 479,820 options that were excluded from the computation of diluted EPS. For the three months and nine months ended September 30, 2011 and 2010, the Company had no shares of non-vested restricted stock that were excluded from the computation of diluted EPS.