XML 71 R40.htm IDEA: XBRL DOCUMENT v2.4.0.8
Shareholders' Equity (Tables)
12 Months Ended
Dec. 31, 2013
Equity [Abstract]  
Summary of Preferred and Common Share Activity

A summary of preferred and common share activity is as follows:

 

     Preferred Stock      Common Stock  
     Issued      Treasury
Stock
     Issued     Treasury
Stock
 

2011:

          

Balance at January 1, 2011

     0         0         119,812,123        (947,497

Grants of restricted stock

             173,553   

Forfeitures of restricted stock

             (7,153

Issuance of common stock due to exercise of stock options

             4,829,892   

Treasury stock acquired

             (23,281,453

Retirement of treasury stock

           (7,500,000     7,500,000   
  

 

 

    

 

 

    

 

 

   

 

 

 

Balance at December 31, 2011

     0         0         112,312,123        (11,732,658

2012:

          

Grants of restricted stock

             69,720   

Issuance of common stock due to exercise of stock options

             5,357,490   

Treasury stock acquired

             (11,771,039

Retirement of treasury stock

           (6,500,000     6,500,000   
  

 

 

    

 

 

    

 

 

   

 

 

 

Balance at December 31, 2012

     0         0         105,812,123        (11,576,487

2013:

          

Grants of restricted stock

             50,943   

Forfeitures and surrenders of restricted stock

             (24,906

Issuance of common stock due to exercise of stock options

             2,611,838   

Issuance of common stock due to settlement of restricted stock units

             7,460   

Treasury stock acquired

             (7,379,384

Retirement of treasury stock

           (5,000,000     5,000,000   
  

 

 

    

 

 

    

 

 

   

 

 

 

Balance at December 31, 2013

     0         0         100,812,123        (11,310,536
  

 

 

    

 

 

    

 

 

   

 

 

 
Reconciliation of Basic and Diluted Weighted Average Shares Outstanding

A reconciliation of basic and diluted weighted-average shares outstanding used in the computation of basic and diluted earnings per share is as follows:

 

     2013      2012      2011  

Basic weighted average shares outstanding

     91,764,590         96,614,199         108,278,113   

Weighted average dilutive options outstanding

     1,277,933         1,284,189         1,537,277   
  

 

 

    

 

 

    

 

 

 

Diluted weighted average shares outstanding

     93,042,523         97,898,388         109,815,390