Basis of Presentation (Tables)

6 Months Ended

Jun. 30, 2012

Basis of Presentation (Tables) [Abstract]

Weighted average shares used in the basic and diluted net income per common share

The following is a reconciliation of the weighted average shares used in the basic and diluted net income per common share calculations for the periods indicated:

		Three Months Ended		Six Months Ended
		June 30,		June 30,
In thousands		2012	2011	2012	2011
Basic weighted average common shares		387,159	398,631	386,764	398,032
Potentially dilutive securities:
	Stock options and SARs	2,644	3,946	2,987	4,251
	Performance equity awards	32	23	74	12
	Restricted stock	867	1,319	998	1,408
Diluted weighted average common shares		390,702	403,919	390,823	403,703

Anti-dilutive securities excluded from computation of diluted net earnings per share

The following securities could potentially dilute earnings per share in the future, but were excluded from the computation of diluted net income per share as their effect would have been antidilutive:

		Three Months Ended		Six Months Ended
		June 30,		June 30,
In thousands		2012	2011	2012	2011
Stock options and SARs		3,866	2,412	3,522	2,297
Restricted stock		109	24	60	15
	Total	3,975	2,436	3,582	2,312

Schedule of Goodwill

The following table summarizes the changes in Denbury's goodwill for the period indicated:

		Six Months Ended
In thousands		June 30, 2012
Balance, beginning of period		$	1,236,318
	Goodwill related to the acquisition of interests in Thompson Field(1)		127,229
Balance, end of period		$	1,363,547
(1)	See Note 2, Acquisitions and Divestitures, for additional information regarding goodwill associated with Thompson Field.