EARNINGS PER SHARE (Tables)

9 Months Ended

Sep. 30, 2012

EARNINGS PER SHARE

Schedule of earnings per share

	Three Months Ended Sept. 30,					Nine Months Ended Sept. 30,
(In thousands, except per share data)	2012		2011			2012			2011
Net income from continuing operations	$	10,029	$	4,397		$	24,496		$	9,109
Loss from discontinued operations before income taxes (including gain on disposal of $63)	—		(8		)	(261		)	(8		)
Income tax expense	—		(3		)	376			(3		)
Net loss from discontinued operations	—		(5		)	(637		)	(5		)
Net income	$	10,029	$	4,392		$	23,859		$	9,104
Average number of common shares issued	23,825		21,929			23,438			18,784
Less: average number of treasury shares	1,614		1,728			1,653			1,750
Less: average number of unvested stock award shares	290		192			244			171
Average number of basic common shares outstanding	21,921		20,009			21,541			16,863
Plus: dilutive effect of unvested stock award shares	72		90			1			49
Plus: dilutive effect of stock options outstanding	38		6			93			3
Average number of diluted common shares outstanding	22,031		20,105			21,635			16,915
Basic earnings per share:
Continuing operations	$	0.46	$	0.22		$	1.14		$	0.54
Discontinued operations	—		—			(0.03		)	—
Total basic earnings per share	$	0.46	$	0.22		$	1.11		$	0.54
Diluted earnings per share:
Continuing operations	$	0.46	$	0.22		$	1.13		$	0.54
Discontinued operations	—		—			(0.03		)	—
Total diluted earnings per share	$	0.46	$	0.22		$	1.10		$	0.54