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CONSOLIDATED STATEMENTS OF EQUITY (USD $)
In Thousands
Total
Common Stock
Capital In Excess of Par Value
Retained Earnings
Treasury Stock
Accumulated Other Comprehensive Loss
Stockholders' Equity
Non- Controlling Interest (NCI)
Beginning Balance at Dec. 31, 2008 $ 1,316,513 $ 234,174 $ 1,252,848 $ 564,591 $ (63,026) $ (672,415) $ 1,316,172 $ 341
Beginning Balance (in shares) at Dec. 31, 2008   234,174,088            
Net income 390,450     387,056     387,056 3,394
Other Comprehensive Income, net of tax 59,619         59,418 59,418 201
Exercise of stock options (in shares)   285,318            
Exercise of stock options 1,042 285 570   187   1,042  
Excess tax benefits on stock options (2,324)   (2,324)       (2,324)  
Contributions to thrift plan (in shares)   941,348            
Contributions to thrift plan 15,364 941 14,423       15,364  
Share vesting (in shares)   1,518,650            
Share vesting   1,519 (1,519)          
Stock-based compensation charges 34,914   34,914       34,914  
Purchase of treasury shares (6,531)       (6,531)   (6,531)  
Sale of subsidiary shares to NCI     2,086       2,086 (2,086)
Acquisition of NCI 24,109             24,109
Distributions to NCI (56)             (56)
Ending Balance at Dec. 31, 2009 1,833,100 236,919 1,300,998 951,647 (69,370) (612,997) 1,807,197 25,903
Ending Balance (in shares) at Dec. 31, 2009   236,919,404            
Net income 227,712     201,666     201,666 26,046
Other Comprehensive Income, net of tax 4,824         4,824 4,824  
Exercise of stock options (in shares)   1,039,114            
Exercise of stock options 2,742 1,040 2,352   (650)   2,742  
Excess tax benefits on stock options 2,192   2,192       2,192  
Contributions to thrift plan (in shares)   282,022            
Contributions to thrift plan 6,923 282 6,641       6,923  
Share vesting (in shares)   2,550,933            
Share vesting 22 2,550 (2,528)       22  
Stock-based compensation charges 50,888   50,888       50,888  
Purchase of treasury shares (15,715)       (15,715)   (15,715)  
Acquisition of NCI 10,007   (1,786)       (1,786) 11,793
Spin-off of The Babcock & Wilcox Company (610,428)   (1,441) (1,052,940)   444,456 (609,925) (503)
Ending Balance at Dec. 31, 2010 1,512,267 240,791 1,357,316 100,373 (85,735) (163,717) 1,449,028 63,239
Ending Balance (in shares) at Dec. 31, 2010   240,791,473            
Net income 151,355     138,730     138,730 12,625
Other Comprehensive Income, net of tax 62,419         61,687 61,687 732
Exercise of stock options (in shares)   466,954            
Exercise of stock options 2,460 467 1,993       2,460  
Share vesting (in shares)   1,157,997            
Share vesting   1,158 (1,158)          
Stock-based compensation charges 17,825   17,825       17,825  
Purchase of treasury shares (10,092)       (10,092)   (10,092)  
Distributions to NCI (2,522)             (2,522)
Ending Balance at Dec. 31, 2011 $ 1,733,712 $ 242,416 $ 1,375,976 $ 239,103 $ (95,827) $ (102,030) $ 1,659,638 $ 74,074
Ending Balance (in shares) at Dec. 31, 2011   242,416,424