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Weighted Average Shares
 12 Months Ended
Dec. 31, 2013
Earnings Per Share [Abstract]  
Weighted Average Shares

NOTE 18:  Weighted Average Shares

In July 2013, the Company’s Board of Directors declared a two-for-one stock split of the Company’s common stock, which was effected through a stock dividend distributed on September 16, 2013. All references made to share or per share amounts in the accompanying consolidated financial statements and applicable disclosures reflect this two-for-one stock split.

 

Weighted-average shares were calculated as follows (in thousands):

 

     Year Ended December 31,  
     2013      2012      2011  

Basic weighted-average common shares outstanding

      86,946         85,666         83,718   

Effect of dilutive stock options

      1,955         1,614         1,806   
  

 

 

     

 

 

     

 

 

  

Diluted weighted-average common and common-equivalent shares outstanding

      88,901         87,280         85,524   
  

 

 

     

 

 

     

 

 

  

Stock options to purchase 1,385,901, 1,790,911, and 2,003,000 shares of common stock, on a weighted-average basis, were outstanding in 2013, 2012, and 2011, respectively, but were not included in the calculation of dilutive net income per share because they were anti-dilutive.