Earnings per Share

6 Months Ended

Jun. 30, 2011

Earnings per Share [Abstract]

Earnings per Share

Note 2.  Earnings per Share

Basic earnings per share is determined by dividing net income attributable to controlling interest by the weighted average number of common shares outstanding during each period.  Diluted earnings per share include the potential dilutive effects of options, restricted stock units and shares held in the Company's Supplemental Executive Retirement Plan.

The following table sets forth the computation of basic and diluted earnings per share:

	For the Three Months Ended June 30,				For the Six Months Ended June 30,
	2011		2010		2011		2010
Numerator:
Net income attributable to controlling interest	$	14,086,000	$	10,308,000	$	24,230,000	$	19,102,000
Denominator:
Denominator for basic earnings per share		22,576,222		22,507,078		22,571,192		22,490,431
Effect of dilutive securities:
Employee stock options and restricted stock units		315,172		225,736		285,060		211,234
Supplemental Executive Retirement Plan		100,523		99,971		99,455		98,558
Denominator for diluted earnings per share		22,991,917		22,832,785		22,955,707		22,800,223
Net income attributable to controlling   interest per share:
Basic	$	0.62	$	0.46	$	1.07	$	0.85
Diluted	$	0.61	$	0.45	$	1.06	$	0.84

A total of 323 and 1,072 options were antidilutive for the three months ended June 30, 2011 and 2010, respectively.  A total of 698 and 1,437 options were antidilutive for the six months ended June 30, 2011 and 2010, respectively.  Antidilutive options are not included in the diluted earnings per share computation.