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Earnings Per Common Share
6 Months Ended
Jun. 30, 2011
Earnings Per Common Share [Abstract]  
Earnings Per Common Share
Note 8.  Earnings Per Common Share

The computation of basic earnings per share is based on the weighted average number of common shares outstanding during the period. Diluted net income per share gives effect to stock options and restricted stock units using the treasury stock method, unless the impact is anti-dilutive. Diluted net income per share as of June 30, 2011, does not include 2,010,449 restricted stock units and 1,313,483 stock options as their effect was anti-dilutive.

   
Three Months Ended
   
Six Months Ended
 
   
June 30, 2011
   
June 30, 2010
   
June 30, 2011
   
June 30, 2010
 
Net Income (loss)
 
$
(1,438,278)
   
$
11,011,921
   
$
(7,248,559)
   
$
15,585,556
 
Weighted Average Shares – Basic
   
62,571,322
     
62,176,684
     
62,565,909
     
62,215,915
 
Dilutive effect of stock options and restricted stock units
   
-
     
160,090
     
-
     
150,268
 
Weighted Average Shares – Diluted
   
62,571,322
     
62,336,774
     
62,565,909
     
62,366,183
 
Basic Earnings Per Share
 
$
(0.02)
   
$
0.18
   
$
(0.12)
   
$
0.25
 
Diluted Earnings Per Share
 
$
(0.02)
   
$
0.18
   
$
(0.12)
   
$
0.25