EARNINGS PER SHARE

9 Months Ended

Sep. 30, 2012

EARNINGS PER SHARE

EARNINGS PER SHARE

NOTE 2 — EARNINGS PER SHARE

The following table sets forth the computation of basic and diluted earnings per share:

	Three Months Ended September 30,				Nine Months Ended September 30,
	2012		2011		2012		2011
Numerator:
Net income	$	64,765	$	55,530	$	195,327	$	159,453
Denominator:
Basic weighted average shares outstanding	82,918		83,613		83,233		83,781
Effect of dilutive securities - Stock options and awards	998		936		1,093		1,045
Diluted weighted average shares outstanding	83,916		84,549		84,326		84,826
Basic earnings per share	$	0.78	$	0.66	$	2.35	$	1.90
Diluted earnings per share	$	0.77	$	0.66	$	2.32	$	1.88

For the three months ended September 30, 2012 and 2011, common shares subject to equity-based awards of 461,093 and 923,308, respectively, were excluded from the computation of diluted earnings per share because the effect of their exercise would be anti-dilutive.  For the nine months ended September 30, 2012 and 2011, common shares subject to equity-based awards of 46,678 and 492,166, respectively, were excluded from the computation of diluted earnings per share because the effect of their exercise would be anti-dilutive.