Basic and diluted earnings per share for the three months ended December 31, 2013 and 2012 are calculated as follows:



	Three Months Ended December 31
	2013		2012
	(In thousands, except per share amounts)
Basic Earnings Per Share from continuing operations
Income from continuing operations	$	87,016	$	77,348
Less: Income from continuing operations allocated to participating securities	235		260
Income from continuing operations available to common shareholders	$	86,781	$	77,088
Basic weighted average shares outstanding	90,833		90,359
Income from continuing operations per share — Basic	$	0.96	$	0.85

Basic Earnings Per Share from discontinued operations
Income from discontinued operations	$	—	$	3,117
Less: Income from discontinued operations allocated to participating securities	—		10
Income from discontinued operations available to common shareholders	$	—	$	3,107
Basic weighted average shares outstanding	90,833		90,359
Income from discontinued operations per share — Basic	$	—	$	0.04
Net income per share — Basic	$	0.96	$	0.89



	Three Months Ended December 31
	2013		2012
	(In thousands, except per share amounts)
Diluted Earnings Per Share from continuing operations
Income from continuing operations available to common shareholders	$	86,781	$	77,088
Effect of dilutive stock options and other shares	1		2
Income from continuing operations available to common shareholders	$	86,782	$	77,090
Basic weighted average shares outstanding	90,833		90,359
Additional dilutive stock options and other shares	913		950
Diluted weighted average shares outstanding	91,746		91,309
Income from continuing operations per share — Diluted	$	0.95	$	0.85

Diluted Earnings Per Share from discontinued operations
Income from discontinued operations available to common shareholders	$	—	$	3,107
Effect of dilutive stock options and other shares	—		—
Income from discontinued operations available to common shareholders	$	—	$	3,107
Basic weighted average shares outstanding	90,833		90,359
Additional dilutive stock options and other shares	913		950
Diluted weighted average shares outstanding	91,746		91,309
Income from discontinued operations per share — Diluted	$	—	$	0.03
Net income per share — Diluted	$	0.95	$	0.88