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Earnings Per Share (Tables)
6 Months Ended
Jun. 30, 2012
Earnings Per Share

A reconciliation of basic and diluted weighted-average shares outstanding is as follows:

 

     For the three months ended
June 30,
       For the six months ended
June 30,
 
     2012      2011        2012      2011  

Basic weighted average shares outstanding

     96,896,301         111,010,134           98,482,330         113,897,688   

Weighted average dilutive options outstanding

     929,700         1,821,074           1,200,550         1,824,323   
  

 

 

    

 

 

      

 

 

    

 

 

 

Diluted weighted average shares outstanding

     97,826,001         112,831,208           99,682,880         115,722,011   
  

 

 

    

 

 

      

 

 

    

 

 

 

Antidilutive shares *

     160,000         1,075,248           113,407         1,144,232   
  

 

 

    

 

 

      

 

 

    

 

 

 

* Antidilutive shares are excluded from the calculation of diluted earnings per share.