Earnings per Share

6 Months Ended

Jun. 30, 2011

Earnings per Share

Note H – Earnings per Share

Net income was used as the numerator in computing both basic and diluted income per Common share for the three-month and six-month periods ended June 30, 2011 and 2010. The following table reconciles the weighted-average shares outstanding used for these computations.

	Three Months Ended June 30,				Six Months Ended June 30,
(Weighted-average shares)	2011		2010		2011		2010
Basic method		193,481,601		191,585,996		193,267,154		191,394,728
Dilutive stock options and restricted stock units		1,434,593		1,583,103		1,375,037		1,426,759
Diluted method		194,916,194		193,169,099		194,642,191		192,821,487

Certain options to purchase shares of common stock were outstanding during the 2011 and 2010 periods but were not included in the computation of diluted EPS because the incremental shares from assumed conversion were antidilutive. These included 994,730 shares at a weighted average share price of $67.34 in each 2011 period and 2,263,204 shares at a weighted average share price of $58.77 in each 2010 period.