| Schedule of Earnings Per Share, Basic and Diluted |
The following table sets forth the computation of basic and diluted net income per common share for the periods indicated (in thousands, except share and per share data): | | | | | | | | | | | | | | | | | | | | Three Months Ended June 30, | | Six Months Ended June 30, | | | 2011 | | 2010 | | 2011 | | 2010 | Basic EPS: | | | | | | | | | Net income applicable to common stock | | $ | 84,335 |
| | $ | 79,915 |
| | $ | 140,714 |
| | $ | 102,576 |
| Amount allocable to common shareholders | | 99.0 | % | | 99.2 | % | | 99.1 | % | | 99.2 | % | Rights to undistributed earnings | | $ | 83,496 |
| | $ | 79,291 |
| | $ | 139,420 |
| | $ | 101,775 |
| Weighted average shares outstanding—basic | | 360,226,487 |
| | 353,278,423 |
| | 358,616,324 |
| | 353,032,030 |
| Net income per common share—basic | | $ | 0.23 |
| | $ | 0.22 |
| | $ | 0.39 |
| | $ | 0.29 |
| Diluted EPS: | |
| |
| |
| |
| Rights to undistributed earnings | | $ | 83,496 |
| | $ | 79,291 |
| | $ | 139,420 |
| | $ | 101,775 |
| Weighted average shares outstanding—basic | | 360,226,487 |
| | 353,278,423 |
| | 358,616,324 |
| | 353,032,030 |
| Effect of dilutive securities: | |
| |
| |
| |
| Stock options | | 5,163,793 |
| | 2,407,023 |
| | 4,536,910 |
| | 2,119,082 |
| Weighted average shares outstanding—diluted | | 365,390,280 |
| | 355,685,446 |
| | 363,153,234 |
| | 355,151,112 |
| Net income per common share—diluted | | $ | 0.23 |
| | $ | 0.22 |
| | $ | 0.38 |
| | $ | 0.29 |
|
|