Basic and Diluted (Loss) Per Common Share

6 Months Ended

Jun. 30, 2011

Earnings Per Share [Abstract]

BASIC AND DILUTED EARNINGS (LOSS) PER COMMON SHARE

NOTE C — BASIC AND DILUTED EARNINGS (LOSS) PER COMMON SHARE

Equivalent shares of 1,125,000 and 1,140,000 related to stock options, stock settled appreciation rights and warrants for the periods ended June 30, 2011 and 2010, respectively, were excluded from the computation of diluted EPS because they would have been anti-dilutive.

	Three Months Ended					Six Months Ended
	June 30,					June 30,
(Dollars in thousands, except per share data)	2011		2010			2011			2010
Basic:
Net income (loss) available to common shareholders	$	176	$	(14,733	)	$	(403	)	$	(17,234	)
Average shares outstanding		93,492,169		60,020,561			93,475,523			59,436,437
Basic (loss) EPS	$	0.00	$	(0.25	)	$	0.00		$	(0.29	)
Diluted:
Net income (loss) available to common shareholders	$	176	$	(14,733	)	$	(403	)	$	(17,234	)
Average shares outstanding		93,492,169		60,020,561			93,475,523			59,436,437
Diluted (loss) EPS	$	0.00	$	(0.25	)	$	0.00		$	(0.29	)