Earnings Per Share (Tables)

9 Months Ended

Sep. 30, 2012

Earnings Per Share [Abstract]

Computation of Basic and Diluted Earnings Per Share

The following table sets forth the computation of basic and diluted earnings per share (in thousands, except share data):

	Three Months Ended September 30,				Nine Months Ended September 30,
	2012		2011		2012		2011
	(Unaudited)				(Unaudited)
Numerator (both basic and diluted):
Net income (loss)	$	6,464	$	26,595	$	40,832	$	24,652
Denominator:
Denominator for basic earnings per share		40,227,407		40,450,840		40,713,950		40,280,797
Stock options		140,849		337,870		177,873		431,171
Unvested restricted stock		72,849		606,828		568,532		802,750
Denominator for diluted earnings per share		40,441,105		41,395,538		41,460,355		41,514,718
Basic earnings (loss) per common share:	$	0.16	$	0.66	$	1.00	$	0.61
Diluted earnings (loss) per common share:	$	0.16	$	0.64	$	0.98	$	0.59