RENT A CENTER INC DE - FORM 10-Q - XML - IDEA: XBRL DOCUMENT - October 28, 2011

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v2.3.0.15
Earnings Per Share
9 Months Ended
Sep. 30, 2011
Earnings Per Share [Abstract] 
Earnings Per Share

10.       Earnings Per Share.

 

Basic and diluted earnings per common share were calculated as follows:

    Three months ended September 30, 2011 
       Weighted     
 (In thousands, except per share data) Net Earnings Average Shares Per Share
             
 Basic earnings per common share …………$31,224  60,030  $ 0.52 
 Effect of dilutive stock options ……………  —  474     
             
 Diluted earnings per common share ………$31,224  60,504  $ 0.52 

    Three months ended September 30, 2010 
       Weighted     
 (In thousands, except per share data) Net Earnings Average Shares Per Share
             
 Basic earnings per common share …………$40,497  65,094  $ 0.62 
 Effect of dilutive stock options ……………  —  652     
             
 Diluted earnings per common share ………$40,497  65,746  $ 0.62 

    Nine months ended September 30, 2011 
       Weighted     
 (In thousands, except per share data) Net Earnings Average Shares Per Share
             
 Basic earnings per common share …………$115,342  61,944  $ 1.86 
 Effect of dilutive stock options ……………  —  704     
             
 Diluted earnings per common share ………$115,342  62,648  $ 1.84 

    Nine months ended September 30, 2010 
       Weighted     
 (In thousands, except per share data) Net Earnings Average Shares Per Share
             
 Basic earnings per common share …………$139,788  65,579  $ 2.13 
 Effect of dilutive stock options ……………  —  766     
             
 Diluted earnings per common share ………$139,788  66,345  $ 2.11 

For the three months ended September 30, 2011 and 2010, the number of stock options that were outstanding but not included in the computation of diluted earnings per common share and, therefore anti-dilutive, were 1,297,560 and 2,366,676, respectively.

 

For the nine months ended September 30, 2011 and 2010, the number of stock options that were outstanding but not included in the computation of diluted earnings per common share and, therefore anti-dilutive, were 577,742 and 2,044,471, respectively.

 

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