XML 32 R25.htm IDEA: XBRL DOCUMENT v2.3.0.15
Stockholders' Equity and Earnings Per Share ("EPS") (Tables)
9 Months Ended
Sep. 30, 2011
Reconciliation of Basic EPS to Diluted EPS

The following is a reconciliation of basic EPS to diluted EPS for the three and nine months ended September 30, 2011 and 2010, respectively:

 

     Three months  ended
September 30,
     Nine months  ended
September 30,
 

(Dollars and shares in thousands, except per share amounts)

   2011      2010      2011      2010  

Numerator:

           

Net income available to common stockholders

   $ 37,571       $ 37,787       $ 136,328       $ 77,464   
  

 

 

    

 

 

    

 

 

    

 

 

 

Denominator:

           

Weighted average common shares outstanding-basic

     43,233         41,930         42,882         41,679   

Weighted average effect of dilutive securities:

           

Stock options and ESPP

     452         511         610         652   

Restricted stock units

     106         72         122         70   

3.875% Convertible Notes

     —           —           27         —     
  

 

 

    

 

 

    

 

 

    

 

 

 

Denominator for diluted calculation

     43,791         42,513         43,641         42,401   
  

 

 

    

 

 

    

 

 

    

 

 

 

Earnings per common share:

           

Basic

   $ 0.87       $ 0.90       $ 3.18       $ 1.86   
  

 

 

    

 

 

    

 

 

    

 

 

 

Diluted

   $ 0.86       $ 0.89       $ 3.12       $ 1.83   
  

 

 

    

 

 

    

 

 

    

 

 

 
Common Shares Excluded from the Diluted EPS Calculation as They Were Deemed to be Anti-Dilutive

The following table summarizes the common shares excluded from the diluted EPS calculation as they were deemed to be anti-dilutive for the three and nine months ended September 30, 2011 and 2010, respectively:

 

     Three months  ended
September 30,
     Nine months  ended
September 30,
 

(Shares in thousands)

   2011      2010      2011      2010  

Stock options

     337         6         239         8   

Restricted stock units

     10         5         134         4   
  

 

 

    

 

 

    

 

 

    

 

 

 

Total

     347         11         373         12