2012

2011

2010

Numerator (thousands):

Net income

$

57,198

$

87,018

$

81,574

Denominator (thousands):

Weighted average shares outstanding

39,625

39,983

39,468

Effect of dilutive securities:

Share-based payment awards

663

1,262

692

Weighted average shares outstanding – assuming dilution

40,288

41,245

40,160

Earnings per share

$

1.44

$

2.18

$

2.07

Earnings per share – assuming dilution

$

1.42

$

2.11

$

2.03