2013

2012

2011

Diluted earnings per share:

Numerator:

Net income attributable to shareholders

$

88,678

$

90,028

$

124,268

Less: Distributed and undistributed income allocated to participating securities

(929

)

(1,248

)

(2,150

)

Distributed and undistributed income available to shareholders

$

87,749

$

88,780

$

122,118

Denominator:

Basic weighted average shares outstanding

38,876

39,276

39,526

Effect of dilutive stock options and non-participating securities

391

434

477

Diluted weighted average shares outstanding

39,267

39,710

40,003

Income per share from continuing operations

$

2.20

$

2.98

$

3.16

Income (loss) per share from discontinued operations

0.03

(0.74

)

(0.11

)

Diluted earnings per share

$

2.23

$

2.24

$

3.05