EX-11 3 d46218exv11.htm STATEMENT RE: COMPUTATION OF PER SHARE EARNINGS exv11
 

EXHIBIT 11 – COMPUTATION OF EARNINGS PER SHARE
                 
    Three Months Ended March 31,  
(In thousands, except per share data)   2007     2006  
Basic Numerator:
               
Income before discontinued operations
  $ 99,213     $ 97,063  
Income (loss) from discontinued operations, net
    3,009       (249 )
 
           
Net income
  $ 102,222     $ 96,814  
 
               
Diluted Numerator:
               
Numerator for income before discontinued operations — diluted
  $ 99,213     $ 97,063  
Numerator for discontinued operations, net — diluted
    3,009       (249 )
 
           
Net income — diluted
  $ 102,222     $ 96,814  
 
               
Denominator:
               
Weighted average common shares — basic
    493,843       518,139  
 
               
Effect of dilutive securities:
               
Stock options and restricted stock
    1,025       677  
 
           
Denominator for net income per common share - diluted
    494,868       518,816  
 
               
Net income (loss) per common share:
               
Income before discontinued operations — basic
  $ .20     $ .19  
Loss from discontinued operations, net — basic
    .01       (.00 )
 
           
Basic
  $ .21     $ .19  
 
           
 
               
Income before discontinued operations — diluted
  $ .20     $ .19  
Loss from discontinued operations, net — diluted
    .01       (.00 )
 
           
Diluted
  $ .21     $ .19