Net Income Per Common Share

9 Months Ended

Sep. 30, 2012

Net Income Per Common Share [Abstract]

Net Income Per Common Share

Note M – Net Income Per Common Share

(In Thousands, Except Share Data)

Basic and diluted net income per common share calculations are as follows:

	Three Months Ended September 30,				Nine Months Ended September 30,
	2012		2011		2012		2011
Basic
Net income applicable to common stock	$	7,037	$	6,532	$	19,356	$	19,842
Average common shares outstanding		25,114,672		25,061,068		25,101,507		25,057,458
Net income per common share - basic	$	0.28	$	0.26	$	0.77	$	0.79
Diluted
Net income applicable to common stock	$	7,037	$	6,532	$	19,356	$	19,842
Average common shares outstanding		25,114,672		25,061,068		25,101,507		25,057,458
Effect of dilutive stock-based compensation		106,215		119,855		60,404		128,719
Average common shares outstanding - diluted		25,220,887		25,180,923		25,161,911		25,186,177
Net income per common share - diluted	$	0.28	$	0.26	$	0.77	$	0.79