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WEIGHTED AVERAGE SHARES OUTSTANDING
6 Months Ended
Jun. 30, 2012
WEIGHTED AVERAGE SHARES OUTSTANDING

NOTE 5 – WEIGHTED AVERAGE SHARES OUTSTANDING

Earnings per share have been computed based on the following weighted average number of common shares outstanding:

 

     For the Three Months
Ended June 30,
     For the Six Months
Ended June 30,
 
     2012      2011      2012      2011  
     (share data in
thousands)
     (share data in
thousands)
 

Basic shares outstanding

     23,819         23,449         23,791         23,445   

Plus: Dilutive effect of ISOs

     105         34         105         34   

Plus: Dilutive effect of Restricted Grants

     49         25         49         12   
  

 

 

    

 

 

    

 

 

    

 

 

 

Diluted shares outstanding

     23,973         23,508         23,945         23,491