XML 90 R23.htm IDEA: XBRL DOCUMENT v2.4.0.8
Basis of Consolidation and Presentation (Tables)
6 Months Ended
Jun. 30, 2013
Calculation of Basic and Diluted Net Income Per Share

The following table presents information necessary to calculate net income per share for the three and six months ended June 30, 2013 and 2012 as well as potentially dilutive securities excluded from the weighted average number of diluted common shares outstanding because their inclusion would have been anti-dilutive (in thousands, except per share amounts):

 

     Three Months Ended
June 30,
    Six Months Ended
June 30,
 
     2013     2012     2013     2012  

BASIC EPS:

        

Net income

   $ 40,768      $ 92,538      $ 96,998      $ 189,812   

Adjust for income attributed to holders of non-vested restricted stock

     (392     (806     (882     (1,550
  

 

 

   

 

 

   

 

 

   

 

 

 

Income attributed to common stockholders

   $ 40,376      $ 91,732      $ 96,116      $ 188,262   
  

 

 

   

 

 

   

 

 

   

 

 

 

Weighted average number of common shares outstanding, excluding non-vested shares of restricted stock

     145,465        153,269        145,148        153,947   
  

 

 

   

 

 

   

 

 

   

 

 

 

Basic net income per common share

   $ 0.28      $ 0.60      $ 0.66      $ 1.22   
  

 

 

   

 

 

   

 

 

   

 

 

 

DILUTED EPS:

        

Income attributed to common stockholders

   $ 40,376      $ 91,732      $ 96,116      $ 188,262   

Add incremental earnings related to potential common shares

     2        —          6        —     
  

 

 

   

 

 

   

 

 

   

 

 

 

Adjusted income attributed to common stockholders

   $ 40,378      $ 91,732      $ 96,122      $ 188,262   
  

 

 

   

 

 

   

 

 

   

 

 

 

Weighted average number of common shares outstanding, excluding non-vested shares of restricted stock

     145,465        153,269        145,148        153,947   

Add dilutive effect of potential common shares

     909        386        1,144        597   
  

 

 

   

 

 

   

 

 

   

 

 

 

Weighted average number of diluted common shares outstanding

     146,374        153,655        146,292        154,544   
  

 

 

   

 

 

   

 

 

   

 

 

 

Diluted net income per common share

   $ 0.28      $ 0.60      $ 0.66      $ 1.22   
  

 

 

   

 

 

   

 

 

   

 

 

 

Potentially dilutive securities excluded as anti-dilutive

     4,015        5,969        4,065        5,529