XML 51 R22.htm IDEA: XBRL DOCUMENT v2.4.0.6
EARNINGS PER COMMON SHARE
3 Months Ended
Mar. 31, 2012
EARNINGS PER COMMON SHARE  
EARNINGS PER COMMON SHARE

NOTE 14—EARNINGS PER COMMON SHARE

        The following table shows the amounts used in computing our basic and diluted earnings per common share:

 
  For the Three Months
Ended March 31,
 
 
  2012   2011  
 
  (In thousands, except
per share amounts)

 

Numerator for basic and diluted earnings per share:

             

Income from continuing operations attributable to common stockholders

  $ 48,297   $ 48,218  

Discontinued operations

    42,329     766  
           

Net income attributable to common stockholders

  $ 90,626   $ 48,984  
           

Denominator:

             

Denominator for basic earnings per share—weighted average shares

    288,375     160,420  

Effect of dilutive securities:

             

Stock options

    512     478  

Restricted stock awards

    64     68  

OP units

    1,862      

Convertible notes

        1,057  
           

Denominator for diluted earnings per share—adjusted weighted average shares

    290,813     162,023  
           

Basic earnings per share:

             

Income from continuing operations attributable to common stockholders

  $ 0.17   $ 0.30  

Discontinued operations

    0.14     0.01  
           

Net income attributable to common stockholders

  $ 0.31   $ 0.31  
           

Diluted earnings per share:

             

Income from continuing operations attributable to common stockholders

  $ 0.17   $ 0.30  

Discontinued operations

    0.14     0.00  
           

Net income attributable to common stockholders

  $ 0.31   $ 0.30