Reconciliation of Earnings Per Share (EPS)

3 Months Ended

Mar. 31, 2012

Earnings Per Share [Abstract]

Reconciliation of Earnings Per Share (EPS)

RECONCILIATION OF EARNINGS PER SHARE (EPS)

	Three months ended					Three months ended
(in thousands, except per share amounts)	March 31, 2012					March 31, 2011
	Net			Per Share		Net			Per Share
	Income		Shares	Amount		Income		Shares	Amount
Basic EPS	$	57,406	72,102	$	0.80	$	94,268	72,001	$	1.31
Effect of dilutive securities
Stock options			216					233
Non-vested restricted stock			8					6
Diluted EPS	$	57,406	72,326	$	0.79	$	94,268	72,240	$	1.30

For the three months ended March 31, 2012 and 2011, the Company had 849,583 and 293,978, respectively, options that were excluded from the computation of diluted EPS, as their effect was non-dilutive. For the three months ended March 31, 2012 and 2011, the Company had no shares of non-vested restricted stock that were excluded from the computation of diluted EPS.