Reconciliation of Earnings Per Share

12 Months Ended

Dec. 31, 2013

Earnings Per Share [Abstract]

Reconciliation of Earnings Per Share

RECONCILIATION OF EARNINGS PER SHARE

Years ended December 31,
(in thousands, except per share amounts)			2013					2012					2011
	Net Income		Shares	Per Share Amount		Net Income		Shares	Per Share Amount		Net Income		Shares	Per Share Amount
Basic EPS	$	204,554	72,318	$	2.83	$	253,562	72,119	$	3.52	$	259,624	72,056	$	3.60
Effect of dilutive securities
Stock options			112					196					270
Non-vested restricted stock			20					1					6
Performance share awards			21					—					—
Diluted EPS	$	204,554	72,471	$	2.82	$	253,562	72,316	$	3.51	$	259,624	72,332	$	3.59

The Company had the following shares that were excluded from the computation of diluted EPS, as their effect was non-dilutive.

Years ended December 31, (in thousands)	2013	2012	2011
Stock options	134,138	849,583	293,978
Non-vested restricted stock	6,529	—	—
Performance share awards	4,121	—	—