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EARNINGS PER COMMON SHARE
6 Months Ended
Jun. 30, 2012
Earnings Per Share [Abstract]  
Earnings Per Common Share
EARNINGS PER COMMON SHARE
The following table illustrates the computation of basic and diluted earnings per share for the three and six months ended June 30, 2012 and 2011 (in thousands, except share and per share amounts):
 
Three Months Ended June 30,
 
Six Months Ended June 30,
 
2012
 
2011
 
2012
 
2011
Numerator
 
 
 
 
 
 
 
Net income
$
5,923

 
$
2,087

 
$
10,328

 
$
3,335

 
 
 
 
 
 
 
 
Denominator
 
 
 
 
 
 
 
Basic weighted average common shares
37,147,942

 
25,154,284

 
37,092,683

 
25,140,781

Dilutive stock options and restricted stock units
43,745

 
71,895

 
26,322

 
69,794

 
 
 
 
 
 
 
 
Diluted weighted average common shares
37,191,687

 
25,226,179

 
37,119,005

 
25,210,575

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Basic earnings per common share
$
0.16

 
$
0.08

 
$
0.28

 
$
0.13

 
 
 
 
 
 
 
 
Diluted earnings per common share
$
0.16

 
$
0.08

 
$
0.28

 
$
0.13


Certain of the Company’s restricted stock units are considered participating securities which require the use of the two-class method when computing basic and diluted earnings per share. During the three and six months ended June 30, 2012, approximately 0.3 million and 0.4 million restricted stock units, respectively, and options to purchase approximately 0.4 million shares were not included because they were anti-dilutive.