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Debt
6 Months Ended
Jun. 30, 2011
Notes to Financial Statements [Abstract]  
Debt
10.  
Debt

Roper's 3.75% senior subordinated convertible notes due 2034 became convertible on January 15, 2009.  During the six month period ended June 30, 2011, 54,925 notes were converted for $23.5 million in cash and 408,171 shares of common stock at a weighted average share price of $83.82.  No gain or loss was recorded upon these conversions.  In addition, a related $1.1 million deferred tax liability associated with excess deductions recorded for tax purposes was relieved to additional paid-in capital upon the conversions.

At June 30, 2011, the conversion price on the outstanding notes was $432.74.  If converted at June 30, 2011, the value would exceed the $69 million principal amount of the notes by approximately $95 million and would result in the issuance of 1,158,060 shares of Roper's common stock.