EARNINGS PER SHARE

9 Months Ended

Sep. 30, 2012

Earnings Per Share [Abstract]

EARNINGS PER SHARE

12.EARNINGS PER SHARE

Diluted earnings per share were computed based on the weightedaverage number of shares outstanding plus all potentially dilutive common shares. A reconciliation of basic to diluted shares used in the earnings per share calculation is as follows:

	(In thousands, except stock options outstanding)
	Three Months Ended		Nine Months Ended
	September 30,		September 30,
	2012	2011	2012	2011
Basic weighted average shares outstanding	46,884	46,466	46,795	46,328
Dilutive effect of stock options and deferred stock compensation	531	470	698	650
Diluted weighted average shares outstanding	47,415	46,936	47,493	46,978

As of September 30,2012 and 2011, there were 1,260,000and 2,779,000stock options outstanding, respectively, that were excluded from the computation of diluted earnings per share, as the exercise price of these options was greater than their average market value, which would result in an anti-dilutive effect on diluted earnings per share.