XML 15 R17.htm IDEA: XBRL DOCUMENT v2.4.0.8
Earnings Per Share (Tables)
6 Months Ended
Jun. 30, 2013
Earnings Per Share [Abstract]  
Reconciliation of Basic and Diluted Earnings per Share
A reconciliation of basic and diluted shares follows (in thousands):

 
Three months ended June 30,
 
Six months ended June 30,
 
2013
 
2012
 
2013
 
2012
 
 
 
 
 
 
 
 
Average common shares outstanding - basic
123,599

 
123,033

 
123,417

 
122,891

Effect of dilutive securities - share-based compensation
786

 
728

 
885

 
836

Average common shares - diluted
124,385

 
123,761

 
124,302

 
123,727

Antidilutive Securities Excluded From Earnings per Share
Share options and appreciation rights granted under share-based compensation plans are antidilutive and excluded from diluted earnings per share when their exercise or strike price exceeds the average market price during the period.  The following table sets forth antidilutive shares excluded from diluted earnings per share.  Such securities could potentially dilute earnings per share in the future (in thousands):
 
Three months ended June 30,
 
Six months ended June 30,
 
2013
 
2012
 
2013
 
2012
 
 
 
 
 
 
 
 
Employee and director share options
53

 
42

 
53

 
42

Restricted shares

 
821

 

 

Share appreciation rights
1,017

 
616

 
1,017

 
616

Total potentially dilutive shares
1,070

 
1,479

 
1,070

 
658