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EARNINGS PER SHARE
9 Months Ended
Sep. 30, 2012
Earnings Per Share [Abstract]  
EARNINGS PER SHARE
NOTE 18 EARNINGS PER SHARE

 

The following table is a reconciliation of the net income and the weighted average shares used in the computation of basic and diluted earnings per share for the periods presented:

 

    For the Three Months     For the Nine Months  
    Ended September 30,     Ended September 30,  
    2012     2011     2012     2011  
Income available to common shareholders:                                
- Basic and diluted   $ 17,226,638     $ 13,528,083     $ 42,148,316     $ 40,406,145  
Weighted average number of shares:                                
- Basic     29,820,836       29,768,403       29,814,300       29,833,041  
- Effect of dilutive warrants and options     71,158       208,299       182,207       291,750  
- Diluted     29,891,994       29,976,702       29,996,507       30,124,791  
                                 
Net income per share                                
- Basic   $ 0.58     $ 0.45     $ 1.41     $ 1.35  
- Diluted   $ 0.58     $ 0.45     $ 1.41     $ 1.34