Earnings (Loss) Per Share

12 Months Ended

Dec. 31, 2013

Earnings Per Share [Abstract]

Earnings (Loss) Per Share

Note 15 Earnings (Loss) Per Share

For the years ended December 31, 2013, 2012, and 2011, earnings (loss) per share were computed as follows (in thousands, except per-share amounts):

	Year Ended December 31,
	2013		2012		2011
Weighted average shares:
Weighted average common shares outstanding		50,693		51,566		53,854
Effect of dilutive securities outstanding		370		277		337
Diluted weighted average shares outstanding		51,063		51,843		54,191
Earnings (loss):
Income from continuing operations	$	134,225	$	121,897	$	130,343
Income (loss) from discontinued operations		133		1,007		44,300
Net Income	$	134,358	$	122,904	$	174,643
Basic per share amounts:
Income from continuing operations	$	2.65	$	2.36	$	2.42
Income (loss) from discontinued operations		0.00		0.02		0.82
Net Income	$	2.65	$	2.38	$	3.24
Diluted per share amounts:
Income from continuing operations	$	2.63	$	2.35	$	2.40
Income (loss) from discontinued operations		0.00		0.02		0.82
Net Income	$	2.63	$	2.37	$	3.22

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,
	2013		2012		2011
Potentially dilutive shares		168,472		1,753,311		1,425,880