Earnings (Loss) Per Share (Tables)

12 Months Ended

Dec. 31, 2012

Computation of Earnings (Loss) Per Share

For the years ended December 31, 2012, 2011, and 2010, earnings (loss) per share were computed as follows (in thousands, except per-share amounts):

	Year Ended December 31,
	2012		2011		2010
Weighted average shares:
Weighted average common shares outstanding		51,566		53,854		57,143
Effect of dilutive securities outstanding		277		337		285
Diluted weighted average shares outstanding		51,843		54,191		57,428
Earnings (loss):
Income from continuing operations	$	121,897	$	130,343	$	104,614
Income (loss) from discontinued operations		1,007		44,300		(2,836)
Net Income	$	122,904	$	174,643	$	101,778
Basic per share amounts:
Income from continuing operations	$	2.36	$	2.42	$	1.83
Income (loss) from discontinued operations		0.02		0.82		(0.05)
Net Income	$	2.38	$	3.24	$	1.78
Diluted per share amounts:
Income from continuing operations	$	2.35	$	2.40	$	1.82
Income (loss) from discontinued operations		0.02		0.82		(0.05)
Net Income	$	2.37	$	3.22	$	1.77

Potentially Dilutive Securities Excluded From Earnings Per Share Calculation

The potentially dilutive securities that were excluded from the earnings (loss) per share calculation consist of stock options and stock appreciation rights (SARs) with an exercise price greater than the average market price of the Class A Common Stock. These options were as follows:

	Year Ended December 31,
	2012		2011		2010
Potentially dilutive shares		1,753,311		1,425,880		1,844,038