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Earnings Per Share (Tables)
9 Months Ended
Sep. 30, 2013
Earnings Per Share  
Computation of basic and diluted earnings per share

 

 

 

Three months ended September 30,

 

 

 

2013

 

2012

 

Numerator:

 

 

 

 

 

Net earnings attributable to the Company

 

$

130

 

$

90

 

 

 

 

 

 

 

Denominator (in thousands):

 

 

 

 

 

Denominator for basic earnings per share - weighted average shares outstanding

 

164,546

 

164,800

 

 

 

 

 

 

 

Effect of dilutive securities:

 

 

 

 

 

Stock options and other

 

1,435

 

965

 

 

 

 

 

 

 

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

 

165,981

 

165,765

 

 

 

 

 

 

 

Basic earnings per share:

 

 

 

 

 

Earnings from continuing operations

 

$

0.80

 

$

0.55

 

Loss from discontinued operations

 

(0.01

)

(0.01

)

Net earnings

 

$

0.79

 

$

0.54

 

 

 

 

 

 

 

Diluted earnings per share:

 

 

 

 

 

Earnings from continuing operations

 

$

0.79

 

$

0.55

 

Loss from discontinued operations

 

(0.01

)

(0.01

)

Net earnings

 

$

0.78

 

$

0.54

 

 

 

 

 

Nine months ended September 30,

 

 

 

2013

 

2012

 

Numerator:

 

 

 

 

 

Net earnings attributable to the Company

 

$

331

 

$

344

 

 

 

 

 

 

 

Denominator (in thousands):

 

 

 

 

 

Denominator for basic earnings per share - weighted average shares outstanding

 

164,330

 

164,614

 

 

 

 

 

 

 

Effect of dilutive securities:

 

 

 

 

 

Stock options and other

 

1,409

 

1,350

 

 

 

 

 

 

 

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

 

165,739

 

165,964

 

 

 

 

 

 

 

Basic earnings per share:

 

 

 

 

 

Earnings from continuing operations

 

$

2.10

 

$

2.11

 

Loss from discontinued operations

 

(0.09

)

(0.03

)

Net earnings

 

$

2.01

 

$

2.08

 

 

 

 

 

 

 

Diluted earnings per share:

 

 

 

 

 

Earnings from continuing operations

 

$

2.08

 

$

2.10

 

Loss from discontinued operations

 

(0.09

)

(0.03

)

Net earnings

 

$

1.99

 

$

2.07