Note I - Earnings Per Share

Basic earnings per share is computed on the basis of the weighted average number of shares of common stock outstanding during the period. Diluted earnings per share is computed on the basis of the weighted average number of shares of common stock plus the effect of dilutive potential common shares outstanding during the period using the treasury stock method. Dilutive potential common shares include outstanding stock options and non-vested shares.

Reconciliations of basic and diluted earnings per share (EPS) are as follows:


	Three Months Ended June 30,
In thousands, except per share amounts	2014		2013
Net Income
Income from continuing operations	$	5,637	$	6,936
Income from discontinued operations	-		1,373
Net income	$	5,637	$	8,309

Basic EPS
Weighted-average common shares outstanding used in earnings per share computations	62,734		62,446

Basic earnings per share
Continuing operations	$	0.09	$	0.11
Discontinued operations	0.00		0.02
Net income	$	0.09	$	0.13

Diluted EPS
Shares used in diluted earnings per share computations	62,987		62,761

Diluted earnings per share
Continuing operations	$	0.09	$	0.11
Discontinued operations	0.00		0.02
Net income	$	0.09	$	0.13

Computation of Shares Used in Earnings Per Share Computations
Weighted-average common shares outstanding	62,734		62,446
Weighted-average common equivalent shares-dilutive effect of stock options and awards	253		315
Shares used in diluted earnings per share computations	62,987		62,761

4.0 million and 4.4 million of anti-dilutive market price options have been excluded from the calculation of shares used in the diluted EPS calculation for the three months ended June 30, 2014 and 2013, respectively. 0.3 million anti-dilutive non-vested shares have been excluded from the calculation of shares used in the diluted EPS calculation for the three months ended June 30, 2014. There were no anti-dilutive unvested shares excluded from the calculation of shares used in the diluted EPS calculation for the three months ended June 30, 2013.

	Six Months Ended June 30,
In thousands, except per share amounts	2014		2013
Net Income
Income from continuing operations	$	7,482	$	13,256
Income from discontinued operations	-		1,721
Net income	$	7,482	$	14,977

Basic EPS
Weighted-average common shares outstanding used in earnings per share computations	62,711		62,459

Basic earnings per share
Continuing operations	$	0.12	$	0.21
Discontinued operations	0.00		0.03
Net income	$	0.12	$	0.24

Diluted EPS
Shares used in diluted earnings per share computations	62,975		62,712

Diluted earnings per share
Continuing operations	$	0.12	$	0.21
Discontinued operations	0.00		0.03
Net income	$	0.12	$	0.24

Computation of Shares Used in Earnings Per Share Computations
Weighted-average common shares outstanding	62,711		62,459
Weighted-average common equivalent shares- dilutive effect of stock options and awards	264		253
Shares used in diluted earnings per share computations	62,975		62,712

3.8 million and 4.4 million anti-dilutive market price options have been excluded from the calculation of shares used in the diluted EPS calculation for the six months ended June 30, 2014 and 2013, respectively. 0.1 million anti-dilutive non-vested shares have been excluded from the calculation of shares used in the diluted EPS calculation for the six months ended June 30, 2014. There were no anti-dilutive non-vested shares excluded from the calculation of shares used in the diluted EPS calculation for the six months ended June 30, 2013.