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Earnings Per Share
 9 Months Ended
Sep. 30, 2012
Earnings Per Share  
Earnings Per Share

(14) Earnings Per Share

        Basic and diluted earnings per share are computed by dividing net income attributable to CVR stockholders by the weighted-average number of shares of common stock outstanding. The components of the basic and diluted earnings per share calculation are as follows:

 
   For the Three Months
Ended September 30, 		  For the Nine Months
Ended September 30, 		 
 
   2012   2011   2012   2011  
 
   (in thousands, except share data)
  

Net income attributable to CVR Energy stockholders

   $ 208,896   $ 109,265   $ 338,428   $ 279,918  

Weighted-average number of shares of common stock outstanding

     86,831,050     86,549,846     86,820,181     86,462,668  

Effect of dilutive securities:

                          

Non-vested common stock

     —     1,188,297     757,480     1,305,096  

Stock options

     —     5,457     2,927     4,405  
                   

Weighted-average number of shares of common stock outstanding assuming dilution

     86,831,050     87,743,600     87,580,588     87,772,169  
                   

Basic earnings per share

   $ 2.41   $ 1.26   $ 3.90   $ 3.24  

Diluted earnings per share

   $ 2.41   $ 1.25   $ 3.86   $ 3.19  

        All outstanding stock options totaling 22,900 were exercised in May 2012. There were no equity awards outstanding during the three months ended September 30, 2012 as all unvested awards under the LTIP were liability awards. See Note 5 ("Share-Based Compensation").