Quarterly report pursuant to Section 13 or 15(d)

Earnings per Share

v2.4.0.6
Earnings per Share
3 Months Ended
Dec. 31, 2011
Earnings per Share  
Earnings per Share

9.               Earnings per Share

 

At December 31, 2011 and 2010, potential dilutive effects of unvested time-based restricted stock units and stock options, representing approximately 2.2 million shares, were excluded from earnings per share as their effects were anti-dilutive. The dilutive effects of performance-based stock awards will be included in diluted net earnings per share when the related performance criteria are met.  At December 31, 2011 and 2010, potential dilutive effects representing approximately 1.8 million and 1.6 million shares were excluded from the computation of dilutive earnings per share as the related performance criteria were not met, although we expect to meet various levels of criteria in the future. There was no significant difference in basic and diluted earnings per share and average shares outstanding as a result of dilutive equity awards for the three- month periods ended December 31, 2011 and 2010.