Earnings Per Share

6 Months Ended

Jun. 30, 2011

Earnings Per Share [Abstract]

Earnings Per Share

Note 3 – Earnings Per Share

A reconciliation of basic and diluted shares for the three and six months ended June 30, 2011 and 2010 follows (in thousands):

	Three months ended June 30,				Six months ended June 30,
	2011		2010		2011		2010
Average common shares outstanding - basic		126,252		113,171		125,793		113,016
Effect of dilutive securities - stock-based compensation		1,331		1,827		1,516		1,758
Average common shares - diluted		127,583		114,998		127,309		114,774

There were no adjustments to net income required for purposes of computing diluted earnings per share.

Options and other potentially dilutive securities are antidilutive and excluded from the dilutive calculations when their exercise or conversion price exceeds the average stock market price during the period.  The following table sets forth the shares excluded from the diluted calculations for the three and six months ended June 30, 2011 and 2010, because they were antidilutive.  Such securities could potentially dilute earnings per share in the future (in thousands):

	Three months ended June 30,				Six months ended June 30,
	2011		2010		2011		2010
Employee and director stock options		42		164		42		164
Stock appreciation rights and other		313		180		218		169
Total potentially dilutive shares		355		344		260		333