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Earnings Per Share (Tables)
6 Months Ended
Jun. 30, 2013
Earnings Per Share [Abstract]  
Computation of earnings per share and reconciliation of basic and diluted weighted average common shares outstanding
The table below presents the computation of earnings per share, including the reconciliation of basic and diluted weighted average shares outstanding (in thousands, except EPS):

 
 
Three Months Ended
 
Six Months Ended
 
 
June 30,
 
June 30,
 
 
2013
 
2012
 
2013
 
2012
Net income
 
$
66,533

 
$
64,943

 
$
69,973

 
$
68,594

 
 
 
 
 
 
 
 
 
Weighted average shares outstanding:
 
 
 
 
 
 
 
 
Basic
 
46,659

 
47,142

 
46,523

 
47,330

Effect of dilutive securities:
 
 
 
 
 
 
 
 
Stock options and employee stock purchase plan
 
1,223

 
1,146

 
1,235

 
1,100

Diluted
 
47,882

 
48,288

 
47,758

 
48,430

 
 
 
 
 
 
 
 
 
Earnings per share:
 
 
 
 
 
 
 
 
Basic
 
$
1.43

 
$
1.38

 
$
1.50

 
$
1.45

Diluted
 
$
1.39

 
$
1.34

 
$
1.47

 
$
1.42

 
 
 
 
 
 
 
 
 
Anti-dilutive stock options excluded from diluted earnings per share computations
 

 
991

 
1

 
1,174