Basic and Diluted Earnings (Loss) Per Common Share

3 Months Ended

Mar. 31, 2012

Basic and Diluted Earnings (Loss) Per Common Share [Abstract]

BASIC AND DILUTED EARNINGS (LOSS) PER COMMON SHARE

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

Equivalent shares of 1,117,000 and 1,125,000 related to stock options, stock settled appreciation rights and warrants for each of the periods ended March 31, 2012 and 2011, respectively, were excluded from the computation of diluted EPS because they would have been anti-dilutive.

	Three Months Ended March 31,
(Dollars in thousands, except per share data)	2012		2011
Basic:
Net income (loss) available to common shareholders	$	1	$	(579	)
Average basic shares outstanding		93,618,129		93,458,692
Basic (loss) EPS	$	0.00	$	(0.01	)
Diluted:
Net income (loss) available to common shareholders	$	1	$	(579	)
Average shares basic outstanding		93,618,129		93,458,692
Employee restricted stock		776,777		0
Average diluted shares outstanding		94,394,906		93,458,692
Diluted (loss) EPS	$	0.00	$	(0.01	)