EARNINGS PER SHARE

6 Months Ended

Jun. 30, 2012

EARNINGS PER SHARE

EARNINGS PER SHARE

Earnings per common share data were as follows:

	Three Months Ended						Six Months Ended
	June 30,						June 30,
(in thousands, except per share data)	2012			2011			2012			2011
Net earnings	$	21,707		$	30,252		$	48,128		$	51,663
Weighted-average common shares outstanding, basic	41,170			47,877			41,642			48,903
Shares issued on exercise of dilutive options	4,350			5,591			4,622			6,142
Shares purchased with assumed proceeds of options and unearned restricted shares	(2,801		)	(3,305		)	(2,883		)	(3,799		)
Shares contingently issuable	—			4			1			4
Weighted-average common shares outstanding, diluted	42,719			50,167			43,382			51,250
Net earnings per common share, diluted	$	0.51		$	0.60		$	1.11		$	1.01
Anti-dilutive options excluded from calculation of weighted-average common shares outstanding, diluted	3,521			3,285			3,403			2,915