XML 37 R31.htm IDEA: XBRL DOCUMENT v2.3.0.15
EARNINGS PER SHARE AND COMPREHENSIVE EARNINGS (LOSS) (Details) (USD $)
In Thousands
3 Months Ended9 Months Ended
Sep. 30, 2011
Sep. 30, 2010
Sep. 30, 2011
Sep. 30, 2010
Earnings Per Share, Basic, by Common Class, Including Two Class Method [Line Items]    
Net earnings$ 87,718$ 68,911$ 123,362$ 211,327
Net earnings attributable to noncontrolling interest(4,923)0(4,987)0
Net earnings attributable to participating securities(1,863)(1,427)(2,413)(4,116)
Net earnings attributable to common stock for basic earnings per share80,93267,484115,962207,211
Adjustment for liability classified stock-based compensation awards(603)74(707)250
Net earnings for diluted earnings per share80,32967,558115,255207,461
Earnings per Share    
Weighted average common shares outstanding during the period for basic earnings per share (in shares)111,810110,992111,598110,691
Dilutive effects of potential common shares (in shares)352786521699
Weighted average common shares outstanding during the period, including the effects of dilutive potential common shares, for diluted earnings per share (in shares)112,162111,778112,119111,390
Comprehensive Earnings    
Consolidated net earnings87,71868,911123,362211,327
Other comprehensive income:    
Foreign currency translation (losses) gains(38,234)8,978(27,763)5,132
Unfunded postretirement benefits, net of tax93290311975
Total comprehensive earnings49,57778,17995,910217,434
Less: total comprehensive earnings attributable to noncontrolling interest(1,824)0(1,330)0
Total comprehensive earnings attributable to Forest Oil Corporation51,40178,17997,240217,434
Continuing Operations [Member]
    
Earnings Per Share, Basic, by Common Class, Including Two Class Method [Line Items]    
Net earnings59,61055,57178,793183,766
Net earnings attributable to noncontrolling interest0 0 
Net earnings attributable to participating securities(1,341)(1,151)(1,606)(3,579)
Net earnings attributable to common stock for basic earnings per share58,26954,42077,187180,187
Adjustment for liability classified stock-based compensation awards0000
Net earnings for diluted earnings per share58,26954,42077,187180,187
Comprehensive Earnings    
Consolidated net earnings59,61055,57178,793183,766
Discontinued Operations [Member]
    
Earnings Per Share, Basic, by Common Class, Including Two Class Method [Line Items]    
Net earnings28,10813,34044,56927,561
Net earnings attributable to noncontrolling interest(4,923) (4,987) 
Net earnings attributable to participating securities(522)(276)(807)(537)
Net earnings attributable to common stock for basic earnings per share22,66313,06438,77527,024
Adjustment for liability classified stock-based compensation awards(603)74(707)250
Net earnings for diluted earnings per share22,06013,13838,06827,274
Comprehensive Earnings    
Consolidated net earnings$ 28,108$ 13,340$ 44,569$ 27,561