F. Common Stock

Repurchase Program. Details regarding the Company's stock repurchase program are presented below:


	Since 1999 (a)		Three Months Ended June 30, 2011		Six Months Ended June 30, 2011		Authorized Shares
Shares repurchased		23,534,478		323,838		910,749
Cost, including commission (in thousands)	$	363,459	$	9,645	$	26,320
2010 Plan balance at December 31, 2010								676,271
2011 Plan repurchase shares authorized (b)								2,500,000
Total remaining shares available for repurchase at June 30, 2011								2,265,522

(a)	Represents repurchased shares and cost since inception of the stock repurchase program in 1999.

(b)	On March 21, 2011, the Board of Directors authorized an additional repurchase of the Company's common stock (the "2011 Plan").

The Company may in the future make purchases of its common stock pursuant to its authorized programs in open market transactions at prevailing prices and may engage in private transactions, where appropriate. The repurchased shares will be available for issuance under employee benefit and stock incentive plans, or may be retired.

Dividend Policy. On July 28, 2011 the Board of Directors declared a quarterly cash dividend of $0.22 per share payable on September 30, 2011 to shareholders of record on September 15, 2011. On June 30, 2011 the Company paid $9.3 million in dividends to shareholders.

Basic and Diluted Earnings Per Share. The basic and diluted earnings per share are presented below:


	Three Months Ended June 30,
	2011			2010
Weighted average number of common shares outstanding:
Basic number of common shares outstanding		41,853,552			43,460,458
Dilutive effect of unvested performance awards		195,078			40,740
Dilutive effect of stock options		28,029			56,590

Diluted number of common shares outstanding		42,076,659			43,557,788

Basic net income per common share:
Net income	$	32,990		$	21,507
Income allocated to participating restricted stock		(157	)		(91	)

Net income available to common shareholders	$	32,833		$	21,416

Diluted net income per common share:
Net income	$	32,990		$	21,507
Income reallocated to participating restricted stock		(157	)		(90	)

Net income available to common shareholders	$	32,833		$	21,417

Basic net income per common share:
Distributed earnings	$	0.22		$	0.00
Undistributed earnings		0.56			0.49

Basic net income per common share	$	0.78		$	0.49

Diluted net income per common share:
Distributed earnings	$	0.22		$	0.00
Undistributed earnings		0.56			0.49

Diluted net income per common share	$	0.78		$	0.49


	Six Months Ended June 30,
	2011			2010
Weighted average number of common shares outstanding:
Basic number of common shares outstanding		42,079,568			43,598,933
Dilutive effect of unvested performance awards		182,252			56,542
Dilutive effect of stock options		36,896			54,551

Diluted number of common shares outstanding		42,298,716			43,710,026

Basic net income per common share:
Net income	$	39,765		$	32,956
Income allocated to participating restricted stock		(179	)		(132	)

Net income available to common shareholders	$	39,586		$	32,824

Diluted net income per common share:
Net income	$	39,765		$	32,956
Income reallocated to participating restricted stock		(178	)		(132	)

Net income available to common shareholders	$	39,587		$	32,824

Basic net income per common share:
Distributed earnings	$	0.22		$	0.00
Undistributed earnings		0.72			0.75

Basic net income per common share	$	0.94		$	0.75

Diluted net income per common share:
Distributed earnings	$	0.22		$	0.00
Undistributed earnings		0.72			0.75

Diluted net income per common share	$	0.94		$	0.75


	Twelve Months Ended June 30,
	2011			2010
Weighted average number of common shares outstanding:
Basic number of common shares outstanding		42,376,298			43,943,503
Dilutive effect of unvested performance awards		164,636			56,146
Dilutive effect of stock options		54,077			59,552

Diluted number of common shares outstanding		42,595,011			44,059,201

Basic net income per common share:
Net income	$	107,412		$	74,849
Income allocated to participating restricted stock		(458	)		(287	)

Net income available to common shareholders	$	106,954		$	74,562

Diluted net income per common share:
Net income	$	107,412		$	74,849
Income reallocated to participating restricted stock		(456	)		(286	)

Net income available to common shareholders	$	106,956		$	74,563

Basic net income per common share:
Distributed earnings	$	0.22		$	0.00
Undistributed earnings		2.30			1.70

Basic net income per common share	$	2.52		$	1.70

Diluted net income per common share:
Distributed earnings	$	0.22		$	0.00
Undistributed earnings		2.29			1.69

Diluted net income per common share	$	2.51		$	1.69

The amount of restricted stock awards, performance shares and stock options excluded from the calculation of the diluted number of common shares outstanding because their effect was antidilutive is presented below:


	Three Months Ended June 30,				Six Months Ended June 30,				Twelve Months Ended June 30,
	2011		2010		2011		2010		2011		2010
Restricted stock awards		69,639		64,840		81,858		72,415		79,991		71,653
Performance shares (a)		0		96,900		0		48,450		0		65,763
Stock options		0		0		0		0		0		0

(a)	Performance shares were excluded from the computation of diluted earnings per share as no payouts would be required based upon performance at the end of each corresponding period. These amounts assume a 100% performance level payout.