EX-11 3 g05706exv11.htm EX-11 STATEMENT RE COMPUTATION PF PER SHARE EARNINGS Ex-11
 

EXHIBIT 11
STATEMENT RE COMPUTATION OF PER SHARE EARNINGS
                         
    Year Ended December 31,  
    2006     2005     2004  
Basic Earnings per Share   (In thousands except per share amounts.)  
Average shares outstanding
     79,140       78,266       76,958  
 
 
                  
Income available to common shareholders
   $ 125,194     $ 115,199     $ 110,620  
 
 
                  
Basic Earnings per Share
   $ 1.58     $ 1.47     $ 1.44  
 
                  
Diluted Earnings per Share
                        
 
                  
Average common shares outstanding
     79,140       78,266       76,958  
 
                  
Effect of dilutive stock options
     402       331       420  
 
 
                  
Average diluted shares outstanding
     79,542       78,597       77,378  
 
 
                  
Income available to common shareholders
   $ 125,194     $ 115,199     $ 110,620  
 
                  
Diluted Earnings per Share
   $ 1.57     $ 1.47     $ 1.43