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PER SHARE INFORMATION (Tables)
9 Months Ended
Sep. 30, 2012
Basic and Diluted Earnings Per Share

where the effect of the common stock equivalent would be antidilutive. The amounts used to compute the basic and diluted earnings per share for the three and nine months ended September 30, 2012 and 2011 are illustrated below (in thousands):

 

     Three Months Ended
September 30,
     Nine Months Ended
September 30,
 
     2012      2011      2012      2011  

NET INCOME:

           

Net income attributable to common stock

   $ 96,398       $ 51,994       $ 207,643       $ 66,201   
  

 

 

    

 

 

    

 

 

    

 

 

 

WEIGHTED AVERAGE SHARES:

           

Weighted average shares outstanding for basic earnings per share

     213,150         210,583         212,564         213,400   

Effect of dilutive stock options

     92         109         86         128   

Effect of shares in escrow

     —           —           —           527   
  

 

 

    

 

 

    

 

 

    

 

 

 

Weighted average shares outstanding for diluted earnings per share

     213,242         210,692         212,650         214,055