EX-11 2 d56719exv11.htm COMPUTAION OF PER SHARE EARNINGS exv11
 

EXHIBIT 11 — COMPUTATION OF EARNINGS PER SHARE
                 
    Three Months ended March 31,  
(In thousands, except per share data)   2008     2007  
Basic Numerator:
               
Income before discontinued operations
  $ 161,391     $ 95,133  
Income from discontinued operations, net
    638,262       7,089  
 
           
Net income — basic
  $ 799,653     $ 102,222  
 
               
Diluted Numerator:
               
Income before discontinued operations
  $ 161,391     $ 95,133  
Income from discontinued operations, net
    638,262       7,089  
 
           
Net income — diluted
  $ 799,653     $ 102,222  
 
               
Denominator:
               
Weighted average common shares — basic
    494,749       493,843  
Effect of dilutive securities:
               
Stock options and restricted stock
    1,639       1,025  
 
           
Denominator for net income per common share — diluted
    496,388       494,868  
 
               
Net income (loss) per common share:
               
Income before discontinued operations — basic
  $ .33     $ .19  
Income from discontinued operations, net — basic
    1.29       .02  
 
           
Basic
  $ 1.62     $ .21  
 
           
 
               
Income before discontinued operations — diluted
  $ .32     $ .19  
Income from discontinued operations, net — diluted
    1.29       .02  
 
           
Diluted
  $ 1.61     $ .21