EARNINGS PER SHARE (Tables)

6 Months Ended

Jun. 30, 2013

Reconciliation of Shares Used in Calculating Basic and Diluted Earnings Per Share

A reconciliation of shares used in calculating basic and diluted earnings per share is as follows (shares in thousands):

	Three months ended June 30,				Six months ended June 30,
	2013		2012		2013		2012
Basic weighted average shares outstanding		110,932		112,937		111,166		114,568
Effect of common stock equivalents—stock options and non-vested stock under employee compensation plans		1,005		1,101		1,253		1,257
Diluted weighted average shares outstanding		111,937		114,038		112,419		115,825
Weighted average anti-dilutive common stock equivalents		4,956		5,675		6,008		5,608