EX-11 3 g11986exv11.htm EX-11 STATEMENT RE COMPUTATION OF PER SHARE EARNINGS EX-11
 

EXHIBIT 11
STATEMENT RE COMPUTATION OF PER SHARE EARNINGS
                         
    Year Ended December 31,  
    2007     2006     2005  
    (In thousands, except per share amounts)  
Basic Earnings per Share
                        
Average shares outstanding
     81,506       79,140       78,266  
 
                  
 
                        
Income available to common shareholders
   $ 137,943     $ 125,194     $ 115,199  
 
                  
 
                        
Basic Earnings per Share
   $ 1.69     $ 1.58     $ 1.47  
 
                  
 
                        
Diluted Earnings per Share
                        
Average common shares outstanding
     81,506       79,140       78,266  
Effect of dilutive stock options
     338       402       331  
 
                  
 
                        
Average diluted shares outstanding
     81,844       79,542       78,597  
 
                  
 
                        
Income available to common shareholders
   $ 137,943     $ 125,194     $ 115,199  
 
                  
 
                        
Diluted Earnings per Share
   $ 1.69     $ 1.57     $ 1.47