Weighted Average Common Shares

9 Months Ended

Sep. 30, 2011

Weighted Average Common Shares [Abstract]

Weighted Average Common Shares

14. Weighted Average Common Shares

     The weighted average number of common shares used in the basic and diluted earnings per share computations are as follows:

	Three Months				Nine Months
	Ended September 30,				Ended September 30,
	2011		2010		2011		2010
			(In thousands)
Common shares — basic		337,380		325,452		336,721		325,166
Effect of dilutive securities
Restricted common stock		1,268		1,369		1,372		1,354
Stock options		1,574		813		1,745		822
Common shares — diluted		340,222		327,634		339,838		327,342

     The Corporation issued 2,201,445 stock options and 734,005 shares of restricted stock during the nine months ended September 30, 2011 and 2,768,715 stock options and 944,250 shares of restricted stock for the same period in 2010. The weighted average common shares used in the diluted earnings per share calculations excludes the effect of 4,180,000 and 2,763,000 out-of-the-money stock options for the three and nine months ended September 30, 2011 and 8,932,000 and 5,797,000 out-of-the-money stock options for the same periods in 2010.