|
Significant Accounting Policies (Tables)
|
6 Months Ended |
|
Jun. 30, 2011
|
| New Accounting Pronouncements or Change in Accounting Principle [Line Items] |
|
| Common Share amounts used to compute Basic and Diluted Earnings Per Share |
Common Share Amounts Used to Compute Basic and Diluted Earnings Per Share
| |
|
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|
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Three Months Ended |
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|
Six Months Ended |
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| |
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June 30, 2010 |
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|
June 30, 2010 |
|
| |
|
As Previously |
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|
|
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|
As Previously |
|
|
|
|
| |
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Reported
(1) |
|
|
As Adjusted |
|
|
Reported
(1) |
|
|
As Adjusted |
|
| |
|
(In thousands) |
|
|
Weighted average shares used in basic computations
|
|
|
119,054 |
|
|
|
119,054 |
|
|
|
119,686 |
|
|
|
119,686 |
|
|
Dilutive effect of exercise of equity grants outstanding
|
|
|
4,742 |
|
|
|
6,221 |
|
|
|
4,694 |
|
|
|
6,128 |
|
|
Dilutive effect of warrants
|
|
|
410 |
|
|
|
410 |
|
|
|
398 |
|
|
|
398 |
|
| |
|
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|
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Weighted average shares used in diluted computations
|
|
|
124,206 |
|
|
|
125,685 |
|
|
|
124,778 |
|
|
|
126,212 |
|
| |
|
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| |
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|
| (1) |
|
Basic and diluted weighted
shares outstanding, as previously reported, for the three and six
months ended June 30, 2010, have been adjusted to reflect the stock split
|
|
|
Consolidated Balance Sheet [Member]
|
|
| New Accounting Pronouncements or Change in Accounting Principle [Line Items] |
|
| Consolidated Financial Statements |
Consolidated Balance Sheet
| |
|
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| |
|
December 31, 2010 |
|
| |
|
As Previously |
|
|
|
|
| |
|
Reported |
|
|
As Adjusted |
|
| |
|
(in thousands) |
|
|
Paid-in capital in excess of par value
|
|
$ |
257,375 |
|
|
$ |
248,693 |
|
|
Retained earnings
|
|
$ |
257,004 |
|
|
$ |
265,686 |
|
|
|
Consolidated Statements of Income [Member]
|
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| New Accounting Pronouncements or Change in Accounting Principle [Line Items] |
|
| Consolidated Financial Statements |
Consolidated Statements of Income
| |
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Three Months Ended |
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|
Six Months Ended |
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| |
|
June 30, 2010 |
|
|
June 30, 2010 |
|
| |
|
As Previously |
|
|
|
|
|
|
As Previously |
|
|
|
|
| |
|
Reported |
|
|
As Adjusted |
|
|
Reported |
|
|
As Adjusted |
|
| |
|
(In thousands, except per share amount) |
|
|
Income Taxes
|
|
$ |
32,276 |
|
|
$ |
32,034 |
|
|
$ |
42,411 |
|
|
$ |
42,169 |
|
|
Net Income
|
|
$ |
81,933 |
|
|
$ |
82,175 |
|
|
$ |
133,804 |
|
|
$ |
134,046 |
|
|
Basic earnings per share (1)
|
|
$ |
0.69 |
|
|
$ |
0.69 |
|
|
$ |
1.12 |
|
|
$ |
1.12 |
|
|
Diluted earnings per share (1)
|
|
$ |
0.66 |
|
|
$ |
0.65 |
|
|
$ |
1.07 |
|
|
$ |
1.06 |
|
| |
|
|
| (1) |
|
Basic and diluted earnings per share, as previously reported, for the three and six months
ended June 30, 2010, have also been adjusted to reflect the stock split.
|
Consolidated Statements of Income
| |
|
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Three Months Ended |
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|
Six Months Ended |
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| |
|
June 30, 2011 |
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|
June 30, 2011 |
|
| |
|
As Computed Under Prior Method |
|
| |
|
(In thousands, except per share amount) |
|
|
Income Taxes
|
|
$ |
43,022 |
|
|
$ |
76,205 |
|
|
Net Income
|
|
$ |
109,297 |
|
|
$ |
196,866 |
|
|
Basic earnings per share
|
|
$ |
0.92 |
|
|
$ |
1.66 |
|
|
Diluted earnings per share
|
|
$ |
0.88 |
|
|
$ |
1.58 |
|
|
|
Consolidated Statement of Cash Flows [Member]
|
|
| New Accounting Pronouncements or Change in Accounting Principle [Line Items] |
|
| Consolidated Financial Statements |
Consolidated Statement of Cash Flows
| |
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|
Six Months Ended |
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| |
|
June 30, 2010 |
|
| |
|
As Previously |
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|
|
|
| |
|
Reported |
|
|
As Adjusted |
|
| |
|
(In thousands) |
|
|
Net Income
|
|
$ |
133,804 |
|
|
$ |
134,046 |
|
|
Excess tax benefits from share-based payment arrangements
|
|
$ |
(4,705 |
) |
|
$ |
(4,463 |
) |
|
Income taxes payable
|
|
$ |
(4,604 |
) |
|
$ |
(4,846 |
) |
|
Net cash provided by operating activities
|
|
$ |
170,391 |
|
|
$ |
170,633 |
|
|
Excess tax benefits from share-based payment arrangements
|
|
$ |
4,705 |
|
|
$ |
4,463 |
|
|
Net cash used in financing activities
|
|
$ |
(100,891 |
) |
|
$ |
(101,133 |
) |
|