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Earnings per Share (Tables)
9 Months Ended
Sep. 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 nine months ended September 30, 2011 and 2010:

 
Three Months Ended September 30,
 
Nine Months Ended September 30,
 
2011
 
2010
 
2011
 
2010
 
(in thousands, except per share amounts)
Basic and diluted
 
 
 
 
 
 
 
Net income
$
72,614

 
$
21,205

 
$
108,295

 
$
46,063

 
 
 
 
 
 
 
 
Weighted average common shares outstanding, basic
53,534

 
52,991

 
53,414

 
52,773

Plus: net effect of dilutive stock options and restricted common shares
726

 
368

 
828

 
232

Weighted average common shares outstanding, diluted
54,260

 
53,359

 
54,242

 
53,005

 
 
 
 
 
 
 
 
Earnings per share, basic
$
1.36

 
$
0.40

 
$
2.03

 
$
0.87

Earnings per share, diluted
$
1.34

 
$
0.40

 
$
2.00

 
$
0.87