Three Months Ended Nine Months Ended
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September 30, September 30, September 30, September 30,
1998 1997 1998 1997
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Basic net income per common share computation:
Income available to common shareholders from
continuing operations $ 22,021 $ 16,548 $ 68,252 $ 45,424
Income available to common shareholders from
discontinued operations $ 6,907 $ 12,141 $ 30,020 $ 28,614
Income from gain on sale of discontinued
operations, net of tax $ 216,365 $ - $ 216,365 $ -
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Average common shares outstanding 111,412 102,577 109,085 101,549
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Basic income per common share from continuing
operations $ 0.20 $ 0.16 $ 0.63 $ 0.45
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Basic income per common share from discontinued
operations $ 0.06 $ 0.12 $ 0.28 $ 0.28
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Basic income per common share from gain on
sale of discontinued operations, net
of income tax $ 1.94 $ - $ 1.98 $ -
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Basic net income per common share $ 2.20 $ 0.28 $ 2.89 $ 0.73
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Diluted net income per common share computation
Income available to common shareholders
from continuing operations $ 22,021 $ 16,548 $ 68,252 $ 45,424
Interest paid on convertible debt, net of tax
benefit 928 928 2,784 2,784
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Income available to common shareholders and
assumed conversions from continuing
operations $ 22,949 $ 17,476 $ 71,036 $ 48,208
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Income available to common shareholders
from discontinued operations $ 6,907 $ 12,141 $ 30,020 $ 28,614
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Income available to common shareholders
from gain on sale of discontinued
operations, net of income taxes $ 216,365 $ - $ 216,365 $ -
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Average common shares outstanding 111,412 102,577 109,085 101,549
Incremental shares from assumed conversions:
Convertible debt 7,599 7,599 7,599 7,599
Stock options 1,864 3,790 3,237 3,419
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Diluted average common shares outstanding 120,875 113,966 119,921 112,567
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Diluted income per common share from continuing
operations $ 0.19 $ 0.15 $ 0.59 $ 0.43
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Diluted income per common share from discontinued
operations $ 0.06 $ 0.11 $ 0.25 $ 0.25
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Diluted income per common share from gain on
sale of discontinued operations, net of
income taxes $ 1.79 $ - $ 1.80 $ -
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Diluted net income per common share $ 2.04 $ 0.26 $ 2.64 $ 0.68
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