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Earnings Per Share (Tables)
6 Months Ended
Jun. 30, 2014
Earnings Per Share [Abstract]  
Schedule Of Earnings Per Share
Information related to the calculation of earnings per share follows:
 
Income
(Numerator)
 
Weighted
Shares
(Denominator)
 
Per-Share
Amount
 
(In thousands except per share amounts)
For the three months ended June 30, 2014
 
 
 
 
 
Basic earnings per common share
$
54,360

 
48,642

 
$
1.12

Effect of dilutive stock options, restricted stock, and stock appreciation rights (SARs)

 
474

 
(0.01
)
Diluted earnings per common share
$
54,360

 
49,116

 
$
1.11

For the three months ended June 30, 2013
 
 
 
 
 
Basic earnings per common share
$
59,007

 
48,208

 
$
1.22

Effect of dilutive stock options, restricted stock, and SARs

 
298

 

Diluted earnings per common share
$
59,007

 
48,506

 
$
1.22

 
Income
(Numerator)
 
Weighted
Shares
(Denominator)
 
Per-Share
Amount
 
(In thousands except per share amounts)
For the six months ended June 30, 2014
 
 
 
 
 
Basic earnings per common share
$
111,305

 
48,568

 
$
2.29

Effect of dilutive stock options, restricted stock, and SARs

 
442

 
(0.02
)
Diluted earnings per common share
$
111,305

 
49,010

 
$
2.27

For the six months ended June 30, 2013
 
 
 
 
 
Basic earnings per common share
$
99,213

 
48,162

 
$
2.06

Effect of dilutive stock options, restricted stock, and SARs

 
329

 
(0.01
)
Diluted earnings per common share
$
99,213

 
48,491

 
$
2.05

Schedule Of Antidilutive Securities Excluded From Computation Of Earnings Per Share
The following table shows the number of stock options and SARs (and their average exercise price) excluded because their option exercise prices were greater than the average market price of our common stock:
 
Three Months Ended
 
June 30,
 
2014
 
2013
Stock options and SARs
24,500

 
250,901

Average exercise price
$
73.26

 
$
52.72

 
Six Months Ended
 
June 30,
 
2014
 
2013
Stock options and SARs
49,000

 
149,665

Average exercise price
$
67.83

 
$
58.41