EARNINGS PER SHARE (Tables)

9 Months Ended

Sep. 30, 2012

Earnings Per Share

Schedule of weighted average shares outstanding & earnings per share attributable to restricted shares of common stock (participating securities)

	Three months ended September 30,						Nine months ended  September 30,
(In thousands except per share data )	2012			2011			2012			2011
Net income available for stockholders:	$	66,040		$	83,111		$	219,055		$	221,800
Less:  Dividends paid		(17,540	)		(11,715	)		(52,623	)		(32,501	)
Undistributed earnings	$	48,500		$	71,396		$	166,432		$	189,299
Basic shares outstanding:
Common stock		210,627			213,390			210,664			213,191
Restricted shares of common stock		4,524			4,520			4,547			4561
		215,151			217,910			215,211			217,752
Diluted shares outstanding:
Common stock		210,627			213,390			210,664			213,191
Dilutive effect of options		1,494			2,389			1,608			2,681
		212,121			215,779			212,272			215,872
Restricted shares of common stock		4,524			4,520			4,547			4,561
		216,645			220,299			216,819			220,433
Basic earnings per share:
Common stock:
Distributed earnings	$	0.08		$	0.05		$	0.24		$	0.15
Undistributed earnings		0.23			0.33			0.78			0.87
	$	0.31		$	0.38		$	1.02		$	1.02
Restricted shares of common stock:
Distributed earnings	$	0.07		$	0.04		$	0.21		$	0.12
Undistributed earnings		0.22			0.32			0.75			0.84
	$	0.29		$	0.36		$	0.96		$	0.96
Diluted earnings per share:
Common Stock:
Distributed earnings	$	0.08		$	0.05		$	0.24		$	0.15
Undistributed earnings		0.22			0.33			0.77			0.86
	$	0.30		$	0.38		$	1.01		$	1.01