Common Stock (Tables)

9 Months Ended

Sep. 30, 2012

Schedule of Earnings Per Share

Earnings per share for the quarters and nine months ended September 30, 2012 and September 30, 2011, respectively, is computed as follows:

	For the Quarter Ended
	September 30, 2012		September 30, 2011
	(dollars in thousands)
Numerator:
Net income	$	128,068	$	(60,036	)
Effect of dilutive securities:		-		-
Dilutive net income  available to stockholders	$	128,068	$	(60,036	)
Denominator:
Weighted average basic shares		1,026,841,087		1,026,404,030
Effect of dilutive securities		663,943		791,374
Weighted average dilutive shares		1,027,505,030		1,027,195,404
Net income  per average share attributable to common stockholders - Basic	$	0.12	$	(0.06	)
Net income  per average share attributable to common stockholders - Diluted	$	0.12	$	(0.06	)
	For the Nine Months Ended:
	September 30, 2012		September 30, 2011
	(dollars in thousands)
Numerator:
Net income	$	249,082	$	94,581
Effect of dilutive securities:		-		-
Dilutive net income  available to stockholders	$	249,082	$	94,581
Denominator:
Weighted average basic shares		1,026,804,427		1,026,308,073
Effect of dilutive securities		695,546		822,063
Weighted average dilutive shares		1,027,499,973		1,027,130,136
Net income  per average share attributable to common stockholders - Basic	$	0.24	$	0.09
Net income  per average share attributable to common stockholders - Diluted	$	0.24	$	0.09