Earnings per Share

3 Months Ended

Mar. 31, 2012

Earnings per Share

Note I – Earnings per Share

Net income was used as the numerator in computing both basic and diluted income per Common share for the three-months ended March 31, 2012 and 2011. The following table reconciles the weighted-average shares outstanding used for these computations.

	Three Months Ended March 31
(Weighted-average shares)	2012		2011
Basic method		193,922,260		193,092,509
Dilutive stock options and restricted stock units		962,473		1,504,859
Diluted method		194,884,733		194,597,368

Certain options to purchase shares of common stock were outstanding during the 2012 and 2011 periods but were not included in the computation of diluted EPS because the incremental shares from assumed conversion were antidilutive. These included 2,834,487 shares at a weighted average share price of $66.51 in the 2012 period and 697,994 shares at a weighted average share price of $67.64 in the 2011 period.