Basic and Diluted Earnings (Loss) Per Common Share

3 Months Ended

Mar. 31, 2013

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 436,000 and 1,117,000 related to stock options, stock settled appreciation rights and warrants for each of the periods ended March 31, 2013 and 2012, 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)	2013		2012
Basic:
Net income available to common shareholders	$	1,107	$	1
Average basic shares outstanding		93,947,141		93,618,129
Basic earnings per share	$	0.01	$	0.00
Diluted:
Net income available to common shareholders	$	1,107	$	1
Average basic shares outstanding		93,947,141		93,618,129
Employee restricted stock		678,935		776,777
Average diluted shares outstanding		94,626,076		94,394,906
Diluted earnings per share	$	0.01	$	0.00