EARNINGS PER SHARE

3 Months Ended

Mar. 31, 2012

EARNINGS PER SHARE

EARNINGS PER SHARE

Earnings per common share data were as follows:

	Three Months Ended
	March 31,
(in thousands, except per share data)	2012			2011
Net earnings	$	26,421		$	21,411
Weighted-average common shares outstanding, basic	42,114			49,929
Shares issued on exercise of dilutive options	4,894			6,693
Shares purchased with assumed proceeds of options and unearned restricted shares	(2,965		)	(4,293		)
Shares contingently issuable	2			4
Weighted-average common shares outstanding, diluted	44,045			52,333
Net earnings per common share, diluted	$	0.60		$	0.41
Anti-dilutive options excluded from calculation of weighted-average common shares outstanding, diluted	3,486			2,565