Earnings (Loss) Per Share and Comprehensive (Loss) Earnings (Tables)

6 Months Ended

Jun. 30, 2011

Earnings Per Share and Comprehensive Earnings

Computation of basic and diliuted earnings (loss) per share

	Three Months Ended June 30,				Six Months Ended June 30,

(in thousands, except per share data)	2011		2010		2011		2010
Net earnings	$	105,166	$	89,023	$	52,669	$	106,692
Less: earnings allocable to participating securities		1,012		1,713		544		2,133

Earnings available for common shareholders	$	104,154	$	87,310	$	52,125	$	104,559
Basic earnings per share	$	1.93	$	1.65	$	0.97	$	2.01

Diluted earnings per share	$	1.90	$	1.64	$	0.95	$	2.00

Weighted average shares outstanding—basic		54,004		52,965		53,936		52,027
Add: Dilutive effects of stock options and RSUs		704		448		755		380

Weighted average shares outstanding—dilutive		54,708		53,413		54,691		52,407

Components of other comprehensive earnings (loss)

	Three months ended June 30,				Six months ended June 30,

(in thousands)	2011		2010		2011		2010
Net earnings	$	105,166	$	89,023	$	52,669	$	106,692
Amortization of Accumulated other comprehensive loss related to de-designated hedges, net of income tax benefits of $5,837, $2,478, $11,673, and $4,563, respectively		9,522		4,044		19,045		7,444

Comprehensive earnings	$	114,688	$	93,067	$	71,714	$	114,136

- Definition

Tabular disclosure of components of comprehensive income (loss) including, but not limited to: (a) foreign currency translation adjustments; (b) gains (losses) on foreign currency transactions that are designated as, and are effective as, economic hedges of a net investment in a foreign entity; (c) gains (losses) on intercompany foreign currency transactions that are of a long-term-investment nature, when the entities to the transaction are consolidated, combined, or accounted for by the equity method in the reporting enterprise's financial statements; (d) change in the market value of a futures contract that qualifies as a hedge of an asset reported at fair value; (e) unrealized holding gains (losses) on available-for-sale securities and that resulting from transfers of debt securities from the held-to-maturity category to the available-for-sale category; (f) a net loss recognized as an additional pension liability not yet recognized as net periodic pension cost; and (g) the net gain (loss) and net prior service cost or credit for pension plans and other postretirement benefit plans.

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