| Consolidated Financial Statements |
Consolidated Balance Sheet
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December 31, 2010 |
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As Previously |
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Reported |
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|
As Adjusted |
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| |
|
(in thousands) |
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Paid-in capital in excess of par value
|
|
$ |
257,375 |
|
|
$ |
248,693 |
|
|
Retained earnings
|
|
$ |
257,004 |
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|
$ |
265,686 |
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Consolidated Statements of Income
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Three Months Ended |
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Nine Months Ended |
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September 30, 2010 |
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September 30, 2010 |
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As Previously |
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As Previously |
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|
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| |
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Reported |
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As Adjusted |
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|
Reported |
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|
As Adjusted |
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(In thousands, except per share amount) |
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Income Taxes
|
|
$ |
23,024 |
|
|
$ |
19,879 |
|
|
$ |
65,435 |
|
|
$ |
62,048 |
|
|
Net Income
|
|
$ |
75,739 |
|
|
$ |
78,884 |
|
|
$ |
209,543 |
|
|
$ |
212,930 |
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|
Basic earnings per share (1)
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|
$ |
0.64 |
|
|
$ |
0.67 |
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|
$ |
1.76 |
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$ |
1.79 |
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Diluted earnings per share (1)
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|
$ |
0.61 |
|
|
$ |
0.63 |
|
|
$ |
1.68 |
|
|
$ |
1.69 |
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|
| (1) |
|
Basic and diluted earnings per share, as previously reported, for the three and nine months
ended September 30, 2010, have also been adjusted to reflect the stock split.
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Consolidated Statements of Income
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Three Months Ended |
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Nine Months Ended |
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September 30, 2011 |
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September 30, 2011 |
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As Computed Under Prior Method |
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(In thousands, except per share amount) |
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|
Income Taxes
|
|
$ |
44,594 |
|
|
$ |
120,800 |
|
|
Net Income
|
|
$ |
106,408 |
|
|
$ |
303,273 |
|
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Basic earnings per share
|
|
$ |
0.91 |
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|
$ |
2.57 |
|
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Diluted earnings per share
|
|
$ |
0.87 |
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$ |
2.45 |
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Consolidated Statement of Cash Flows
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Nine Months Ended |
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September 30, 2010 |
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As Previously |
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Reported |
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|
As Adjusted |
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| |
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(In thousands) |
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|
Net Income
|
|
$ |
209,543 |
|
|
$ |
212,930 |
|
|
Excess tax benefits from share-based payment arrangements
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|
$ |
(9,959 |
) |
|
$ |
(6,572 |
) |
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Income taxes payable
|
|
$ |
(13,568 |
) |
|
$ |
(16,955 |
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Net cash provided by operating activities
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$ |
267,734 |
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$ |
271,121 |
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Excess tax benefits from share-based payment arrangements
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|
$ |
9,959 |
|
|
$ |
6,572 |
|
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Net cash used in financing activities
|
|
$ |
(165,082 |
) |
|
$ |
(168,469 |
) |
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| 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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Three Months Ended |
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Nine Months Ended |
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September 30, 2010 |
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September 30, 2010 |
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As Previously |
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As Previously |
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Reported (1) |
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As Adjusted |
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|
Reported (1) |
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|
As Adjusted |
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(In thousands) |
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|
Weighted average shares used in basic computations
|
|
|
118,442 |
|
|
|
118,442 |
|
|
|
119,286 |
|
|
|
119,286 |
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|
Dilutive effect of exercise of equity grants outstanding
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|
|
5,010 |
|
|
|
6,731 |
|
|
|
4,800 |
|
|
|
6,516 |
|
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Dilutive effect of warrants
|
|
|
440 |
|
|
|
440 |
|
|
|
414 |
|
|
|
414 |
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Weighted average shares used in diluted computations
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|
123,892 |
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|
125,613 |
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|
124,500 |
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|
126,216 |
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|
| (1) |
|
Basic and diluted weighted shares outstanding, as previously reported, for the three and nine
months ended September 30, 2010, have been adjusted to reflect the stock split.
|
|