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Income Per Share (Tables)
12 Months Ended
Dec. 31, 2012
Basis of Income Per Share Computation

The following table presents the basis of the income per share computation:

 

     Years Ended December 31,  
     2012      2011      2010  
     (In thousands)  

Numerator for basic and diluted income per share:

        

Income from continuing operations

   $ 43,236       $ 101,308       $ 61,276   

Income from discontinued operations, net of tax

     16,774         13,037         2,336   

Gain from disposal of discontinued operations, net of tax

     134,480         —           44,847   
  

 

 

    

 

 

    

 

 

 

Net income

   $ 194,490       $ 114,345       $ 108,459   
  

 

 

    

 

 

    

 

 

 

Denominator:

        

Denominator for basic income per share—weighted average shares

     45,097         47,109         46,805   

Effect of dilutive common stock equivalents

     845         995         978   
  

 

 

    

 

 

    

 

 

 

Denominator for diluted income per share—adjusted weighted average shares

     45,942         48,104         47,783