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EARNINGS PER SHARE (Tables)
9 Months Ended
Sep. 30, 2011
Earnings Per Common Share Data

Earnings per common share data were as follows:

 

     Three Months Ended     Nine Months Ended  
     September 30,     September 30,  

(in thousands, except per share data)

   2011     2010     2011     2010  

Net earnings

   $ 27,494      $ 26,979      $ 79,157      $ 360,612   
  

 

 

   

 

 

   

 

 

   

 

 

 

Weighted-average common shares outstanding, basic

     45,689        49,138        47,831        49,216   

Shares issued on exercise of dilutive options

     4,981        8,368        5,756        8,303   

Shares purchased with assumed proceeds of options and unearned restricted shares

     (2,908     (5,520     (3,502     (5,495

Shares contingently issuable

     4        9        4        9   
  

 

 

   

 

 

   

 

 

   

 

 

 

Weighted-average common shares outstanding, diluted

     47,766        51,995        50,089        52,033   
  

 

 

   

 

 

   

 

 

   

 

 

 

Net earnings per common share, diluted

   $ 0.58      $ 0.52      $ 1.58      $ 6.93   
  

 

 

   

 

 

   

 

 

   

 

 

 

Anti-dilutive options excluded from calculation of weighted- average common shares outstanding, diluted

     3,681        1,409        3,170        2,069