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Earnings per Share (Tables)
6 Months Ended
Jun. 30, 2011
Earnings Per Share [Abstract]  
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]
The following table sets forth the computation of basic and diluted earnings per share for the three and six months ended June 30, 2011 and 2010:


 
Three Months Ended June 30,
 
Six Months Ended June 30,
 
2011
 
2010
 
2011
 
2010
 
(in thousands, except per share amounts)
Basic and diluted
 
 
 
 
 
 
 
Net income
$
11,440


 
$
15,426


 
$
35,681


 
$
24,858


 
 
 
 
 
 
 
 
Weighted average common shares outstanding, basic
53,441


 
52,819


 
53,343


 
52,658


Plus: net effect of dilutive stock options and restricted common shares
873


 
105


 
880


 
165


Weighted average common shares outstanding, diluted
54,314


 
52,924


 
54,223


 
52,823


 
 
 
 
 
 
 
 
Earnings per share, basic
$
0.21


 
$
0.29


 
$
0.67


 
$
0.47


Earnings per share, diluted
$
0.21


 
$
0.29


 
$
0.66


 
$
0.47