The Company recognized net income during the second quarter of 2011 of $259.2 million, or $0.65 per basic common share, as compared to net income of $135.4 million, or $0.34 per basic common share, in the second quarter of 2010. Net income, as adjusted to exclude non-cash derivative gains and other non-cash or unusual items, was approximately $146.7 million, or $0.37 per basic common share, in the second quarter of 2011 versus $72.9 million, or $0.18 per basic common share, in the prior year second quarter. The primary non-cash item included in second quarter of 2011 and 2010 results was a $183.8 million ($114.0 million net of taxes) and $125.9 million ($78.0 million net of taxes), respectively, non-cash gain on the change in the fair value of derivatives.
complete report here---
http://finance.yahoo.com/news/Denbury-R ... l?x=0&.v=1