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Earnings Per Share (Tables)
12 Months Ended
Dec. 31, 2011
Earnings Per Share [Abstract]  
Schedule Of Reconciliation Of The Numerators Used In Calculating Earnings/(Loss) Per Share

 

 

 

 

 

 

 

(Dollars in thousands)

 

2011

 

2010

 

2009

 

Income/(loss) from continuing operations

 

 

$

 

134,012

 

 

 

$

 

72,935

 

 

 

$

 

(235,232

)

 

Income/(loss) from discontinued operations, net of tax

 

 

$

 

8,618

 

 

 

 

(11,332

)

 

 

 

 

(23,203

)

 

 

Net income/(loss)

 

 

$

 

142,630

 

 

 

$

 

61,603

 

 

 

$

 

(258,435

)

 

Net income attributable to noncontrolling interest

 

 

 

11,434

 

 

 

 

11,402

 

 

 

 

11,402

 

 

Net income/(loss) attributable to controlling interest

 

 

$

 

131,196

 

 

 

$

 

50,201

 

 

 

$

 

(269,837

)

 

Preferred stock dividends

 

 

 

-

 

 

 

 

107,970

 

 

 

 

59,585

 

 

Net income/(loss) available to common shareholders

 

 

$

 

131,196

 

 

 

$

 

(57,769

)

 

 

 

$

 

(329,422

)

 

 

Income/(loss) from continuing operations

 

 

$

 

134,012

 

 

 

$

 

72,935

 

 

 

$

 

(235,232

)

 

Net income attributable to noncontrolling interest

 

 

 

11,434

 

 

 

 

11,402

 

 

 

 

11,402

 

Preferred stock dividends

 

 

 

-

 

 

 

 

107,970

 

 

 

 

59,585

 

 

Net income/(loss) from continuing operations available to common shareholders

 

 

$

 

122,578

 

 

 

$

 

(46,437

)

 

 

 

$

 

(306,219

)

 

 

Schedule Of Reconciliation Of Weighted Average Common Shares To Diluted Average Common Shares

 

 

 

 

 

 

 

(In thousands, except per share data)

 

2011

 

2010

 

2009

 

Weighted average common shares outstanding - basic

 

 

 

260,574

 

 

 

 

235,699

 

 

 

 

234,431

 

Effect of dilutive securities

 

 

 

2,287

 

 

 

 

-

 

 

 

 

-

 

 

Weighted average common shares outstanding - diluted

 

 

 

262,861

 

 

 

 

235,699

 

 

 

 

234,431

 

 

Schedule Of Reconciliation Of Earnings/(Loss) Per Common And Diluted Share

 

 

 

 

 

 

 

Earnings/(loss) per common share:

 

2011

 

2010

 

2009

 

Income/(loss) per share from continuing operations available to common shareholders

 

 

$

 

0.47

 

 

 

$

 

(0.20

)

 

 

 

$

 

(1.31

)

 

Income/(loss) per share from discontinued operations, net of tax

 

 

 

.03

 

 

 

 

(.05

)

 

 

 

 

(.10

)

 

 

Net income/(loss) per share available to common shareholders

 

 

$

 

0.50

 

 

 

$

 

(0.25

)

 

 

 

$

 

(1.41

)

 

 

Diluted earnings/(loss) per common share:

 

 

 

 

 

 

 

Diluted income/(loss) per share from continuing operations available to common shareholders

 

 

$

 

0.47

 

 

 

$

 

(0.20

)

 

 

 

$

 

(1.31

)

 

Diluted income/(loss) per share from discontinued operations, net of tax

 

 

 

.03

 

 

 

 

(.05

)

 

 

 

 

(.10

)

 

 

Diluted income/(loss) per share available to common shareholders

 

 

$

 

0.50

 

 

 

$

 

(0.25

)

 

 

 

$

 

(1.41

)