Computation of Earnings per Common Share

3 Months Ended

Jun. 30, 2011

Computation of Earnings per Common Share [Abstract]

Computation of Earnings per Common Share

Note 5 - Computation of Earnings per Common Share

Earnings per common share data were computed as follows (in thousands, except per share amounts):

	Three Months Ended
	June 30,
Basic earnings per share:	2011		2010
Numerator:
Net income	$	16,985	$	12,645
Denominator:
Weighted-average common shares outstanding		218,200		224,538
Basic earnings per share	$	0.08	$	0.06
Diluted earnings per share:
Numerator:
Net Income	$	16,985	$	12,645
Denominator:
Weighted-average common shares outstanding		218,200		224,538
Dilutive effect of stock awards		4,748		3,037
Total shares		222,948		227,575
Diluted earnings per share	$	0.08	$	0.06

During the three months ended June 30, 2011 and 2010, stock awards to purchase a total of 5.1 million and 20.1 million shares, respectively, were excluded from the diluted earnings per share calculation because they were anti-dilutive.