Earnings Per Share

3 Months Ended

Dec. 31, 2011

Earnings Per Share [Abstract]

Earnings Per Share

2.   Earnings Per Share

The Company accounts for the shares acquired by its ESOP and the shares awarded pursuant to its RRP in accordance with Accounting Standards Codification ("ASC") 260, which requires that unvested RRP awards that contain nonforfeitable rights to dividends be treated as participating securities in the computation of earnings per share pursuant to the two-class method. The two-class method is an earnings allocation that determines earnings per share for each class of common stock and participating security. Shares acquired by the ESOP are not considered in the basic average shares outstanding until the shares are committed for allocation or vested to an employee's individual account.

	For the Three Months Ended
	December 31,
	2011		2010
	(Dollars in thousands, except per share data)
Net income (loss) (1)		18,789		(11,258	)
Average common shares outstanding		161,921,133		165,539,517
Average committed ESOP shares outstanding		1,500		1,272
Total basic average common shares outstanding		161,922,633		165,540,789
Effect of dilutive RRP shares (2)		4,351		--
Effect of dilutive stock options (2)		3,743		--
Total diluted average common shares outstanding		161,930,727		165,540,789
Net earnings (loss) per share:
Basic		0.12		(0.07	)
Diluted		0.12		(0.07	)
Antidilutive stock options and RRP shares, excluded
from the diluted average common shares
outstanding calculation		897,136		--

(1)   Net income (loss) available to participating securities (unvested RRP shares) was inconsequential for the three months ended December 31, 2011 and 2010.

(2)   RRP shares totaling 4,753 and options totaling 4,743 which were outstanding at December 31, 2010 were not included in the computation of diluted earnings per share as the effect on earnings per share would be antidilutive, due to the net loss for the three months ended December 31, 2010.