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Earnings Per Share (Tables)
9 Months Ended
Sep. 30, 2011
Earnings Per Share 
Computation of basic and diluted earnings per share

Three months ended September 30,

 

 

 

2011

 

2010

 

Numerator:

 

 

 

 

 

Net earnings attributable to the Company

 

$

116

 

$

139

 

 

 

 

 

 

 

Denominator (in thousands):

 

 

 

 

 

Denominator for basic earnings per share - weighted average shares outstanding

 

163,812

 

163,079

 

 

 

 

 

 

 

Effect of dilutive securities:

 

 

 

 

 

Stock options and other

 

1,883

 

2,512

 

 

 

 

 

 

 

Denominator for diluted earnings per share - adjusted weighted average shares outstanding

 

165,695

 

165,591

 

Basic earnings per share:

 

 

 

 

 

Earnings from continuing operations

 

$

0.73

 

$

0.78

 

Earnings (loss) from discontinued operations

 

(0.02

)

0.07

 

Net earnings

 

$

0.71

 

$

0.85

 

 

 

 

 

 

 

Diluted earnings per share:

 

 

 

 

 

Earnings from continuing operations

 

$

0.72

 

$

0.77

 

Earnings (loss) from discontinued operations

 

(0.02

)

0.07

 

Net earnings

 

$

0.70

 

$

0.84

 

 

 

 

Nine months ended September 30,

 

 

 

2011

 

2010

 

Numerator:

 

 

 

 

 

Net earnings attributable to the Company

 

$

261

 

$

365

 

Net earnings attributable to participating securities

 

 

 

(1

)

 

 

 

 

 

 

Numerator for basic earnings per share - income available to common share owners

 

$

261

 

$

364

 

 

 

 

 

 

 

Denominator (in thousands):

 

 

 

 

 

Denominator for basic earnings per share - weighted average shares outstanding

 

163,602

 

164,638

 

 

 

 

 

 

 

Effect of dilutive securities:

 

 

 

 

 

Stock options and other

 

2,415

 

2,920

 

 

 

 

 

 

 

Denominator for diluted earnings per share - adjusted weighted average shares outstanding

 

166,017

 

167,558

 

 

 

 

 

 

 

Basic earnings per share:

 

 

 

 

 

Earnings from continuing operations

 

$

1.60

 

$

2.07

 

Earnings (loss) from discontinued operations

 

(0.01

)

0.14

 

Net earnings

 

$

1.59

 

$

2.21

 

 

 

 

 

 

 

Diluted earnings per share:

 

 

 

 

 

Earnings from continuing operations

 

$

1.58

 

$

2.04

 

Earnings (loss) from discontinued operations

 

(0.01

)

0.14

 

Net earnings

 

$

1.57

 

$

2.18