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Earnings Per Share (Tables)
3 Months Ended
Mar. 31, 2012
Reconciliation Between Basic and Diluted Earnings Per Share

A reconciliation between basic and diluted earnings per share is as follows (in thousands, except per share data):

 

     Quarter Ended
March 31,
 
     2012      2011  

Net income for basic and diluted earnings per share

   $ 46,964       $ 78,410   

Weighted-average common shares outstanding

     217,584         216,511   

Dilutive effect of stock options and restricted stock awards

     1,646         3,115   
  

 

 

    

 

 

 

Diluted weighted-average shares outstanding

     219,230         219,626   
  

 

 

    

 

 

 

Basic earnings per share

   $ 0.22       $ 0.36   

Diluted earnings per share

   $ 0.21       $ 0.36