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Earnings Per Share
3 Months Ended
Mar. 31, 2012
Notes to Financial Statements [Abstract]  
Earnings Per Share
3.  
Earnings Per Share

Basic earnings per share were calculated using net earnings and the weighted average number of shares of common stock outstanding during the respective period. Diluted earnings per share were calculated using net earnings and the weighted average number of shares of common stock and potential common stock outstanding during the respective period. Potentially dilutive common stock consisted of stock options and the premium over the conversion price on Roper's senior subordinated convertible notes based upon the trading price of Roper's common stock. The effects of potential common stock were determined using the treasury stock method.  Weighted average shares outstanding are as shown below (in thousands):
 
   
Three months ended
March 31,
 
   
2012
 
2011
 
Basic shares outstanding    
 
97,039
 
95,374
 
Effect of potential common stock    
         
Common stock awards
 
1,140
 
1,305
 
Senior subordinated convertible notes 
 
1,128
 
1,474
 
Diluted shares outstanding    
 
99,307
 
98,153
 

As of March 31, 2012 there were 454,165 outstanding stock options that were not included in the determination of diluted earnings per share because doing so would have been antidilutive, as compared to 662,000 outstanding stock options that would have been antidilutive on March 31, 2011.