XML 30 R9.htm IDEA: XBRL DOCUMENT v2.4.0.6
Net Earnings Per Share
 9 Months Ended
Sep. 30, 2012
Earnings Per Share [Abstract]  
Net Earnings Per Share
Net Earnings Per Share
The following table sets forth the reconciliation of the numerator and denominator utilized in the computation of basic and diluted earnings per share (in thousands):
 
 
Three Months Ended
September 30,
 
Nine Months Ended
September 30,
 
2012
 
2011
 
2012
 
2011
Numerator for earnings per share:
 
 
 
 
 
 
 
Earnings from continuing operations
$
55,949

 
$
64,390

 
$
147,179

 
$
145,818

(Loss) earnings from discontinued operations
(44
)
 
329

 
(2,042
)
 
(475
)
Net earnings for basic and diluted earnings per share
$
55,905

 
$
64,719

 
$
145,137

 
$
145,343

 
 
 
 
 
 
 
 
Denominator for earnings per share:
 
 
 
 
 
 
 
Weighted average number of common shares outstanding
150,878

 
158,665

 
152,820

 
159,225

Assumed exercises of stock options and vesting of restricted stock awards, net of shares assumed reacquired under the treasury stock method
1,449

 
2,133

 
1,938

 
2,586

Weighted average diluted shares outstanding
152,327

 
160,798

 
154,758

 
161,811


The effect of stock-based compensation awards for the three and nine months ended September 30, 2012, which aggregated 6,792,000 shares and 3,100,000 shares, respectively, and for the three and nine months ended September 30, 2011, which aggregated 731,000 shares and 307,000 shares, respectively, has been excluded for purposes of calculating diluted earnings per share since including such stock-based compensation awards would have been anti-dilutive.