XML 52 R18.htm IDEA: XBRL DOCUMENT
v2.4.0.8

Earnings Per Share | 9 Months Ended
--- | ---
Sep. 30, 2014
Earnings Per Share |
Earnings Per Share | 13. Earnings Per Share The following tables set forth the computation of basic and diluted earnings per share:
|  | Three months ended September 30, |
|  | 2014 |  | 2013 |
Numerator: |  |  |  |  |
Net earnings attributable to the Company |  | $ | 60 |  | $ | 130 |
Denominator (in thousands): |  |  |  |  |
Denominator for basic earnings per share - weighted average shares outstanding |  | 164,798 |  | 164,546 |
Effect of dilutive securities: |  |  |  |  |
Stock options and other |  | 1,340 |  | 1,435 |
Denominator for diluted earnings per share - adjusted weighted average shares outstanding |  | 166,138 |  | 165,981 |
Basic earnings per share: |  |  |  |  |
Earnings from continuing operations |  | $ | 0.37 |  | $ | 0.80 |
Loss from discontinued operations |  | — |  | (0.01 | )
Net earnings |  | $ | 0.37 |  | $ | 0.79 |
Diluted earnings per share: |  |  |  |  |
Earnings from continuing operations |  | $ | 0.37 |  | $ | 0.79 |
Loss from discontinued operations |  | — |  | (0.01 | )
Net earnings |  | $ | 0.37 |  | $ | 0.78 |
Options to purchase 997,554 and 1,355,622 weighted average shares of common stock which were outstanding during the three months ended September 30, 2014 and 2013, respectively, were not included in the computation of diluted earnings per share because the options’ exercise price was greater than the average market price of the common shares.
|  | Nine months ended September 30, |
|  | 2014 |  | 2013 |
Numerator: |  |  |  |  |
Net earnings attributable to the Company |  | $ | 275 |  | $ | 331 |
Denominator (in thousands): |  |  |  |  |
Denominator for basic earnings per share - weighted average shares outstanding |  | 164,821 |  | 164,330 |
Effect of dilutive securities: |  |  |  |  |
Stock options and other |  | 1,366 |  | 1,409 |
Denominator for diluted earnings per share - adjusted weighted average shares outstanding |  | 166,187 |  | 165,739 |
Basic earnings per share: |  |  |  |  |
Earnings from continuing operations |  | $ | 1.80 |  | $ | 2.10 |
Loss from discontinued operations |  | (0.13 | ) | (0.09 | )
Net earnings |  | $ | 1.67 |  | $ | 2.01 |
Diluted earnings per share: |  |  |  |  |
Earnings from continuing operations |  | $ | 1.79 |  | $ | 2.08 |
Loss from discontinued operations |  | (0.13 | ) | (0.09 | )
Net earnings |  | $ | 1.66 |  | $ | 1.99 |
Options to purchase 660,479 and 1,505,341 weighted average shares of common stock which were outstanding during the nine months ended September 30, 2014 and 2013, respectively, were not included in the computation of diluted earnings per share because the options’ exercise price was greater than the average market price of the common shares. The 2015 Exchangeable Notes have a dilutive effect only in those periods in which the Company’s average stock price exceeds the exchange price of $47.47 per share. For the three and nine months ended September 30, 2014 and 2013, the Company’s average stock price did not exceed the exchange price. Therefore, the potentially issuable shares resulting from the settlement of the 2015 Exchangeable Notes were not included in the calculation of diluted earnings per share.

X
- Details
Name: | us-gaap_EarningsPerShareAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for earnings per share. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 45 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=7655603&loc=d3e1278-109256 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 45 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=7655603&loc=d3e1252-109256 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 55 -Paragraph 52 -URI http://asc.fasb.org/extlink&oid=32703322&loc=d3e4984-109258 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 225 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03.21) -URI http://asc.fasb.org/extlink&oid=26872669&loc=d3e20235-122688 + Details
Name: | us-gaap_EarningsPerShareTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration