You should avoid eqnarray. See \eqnarray vs \align.
I'd recommend using align or alignat from amsmath package:

Both align and alignat provide pairs of rl alignment columns. So, I used a && before the \Leftrightarrow assuming that the next column was to be right aligned.
Code:
\documentclass{article}
\usepackage{amsmath}
\begin{document}\noindent
Using \verb|align|:
\begin{align}
\int ( D \frac{d^2 P(x)}{dx^2}-\frac{d}{dx}[u(x)P(x)] ) &= \int 0 &&\Leftrightarrow \
D \frac{d}{dx} P(x) - u(x)P(x) &= C &&\Leftrightarrow \
D \frac{d}{dx} P(x) - K_0P(x) - \frac{K_1}{x}P(x) &= C &&\Leftrightarrow \
\frac{dP(x)}{dx} - k_0P(x) - \frac{k_1}{x} P(x) &= C,
\end{align}
Using \verb|alignat|:
\begin{alignat}{4}
\int ( D \frac{d^2 P(x)}{dx^2}-\frac{d}{dx}[u(x)P(x)] ) &= \int 0 &&\Leftrightarrow \
D \frac{d}{dx} P(x) - u(x)P(x) &= C &&\Leftrightarrow \
D \frac{d}{dx} P(x) - K_0P(x) - \frac{K_1}{x}P(x) &= C &&\Leftrightarrow \
\frac{dP(x)}{dx} - k_0P(x) - \frac{k_1}{x} P(x) &= C,
\end{alignat}
\end{document}
arrayfor equations is just a written-out form of the mistakes ofeqnarray— use theamsmathenvironments mentioned in Peter Grill’s answer. – wasteofspace Nov 28 '12 at 11:38