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Earnings per Share
6 Months Ended
Jun. 30, 2013
Earnings Per Share [Abstract]  
Earnings Per Share [Text Block]
Earnings per Share

Basic earnings per share are based upon the weighted average common shares outstanding during each period.  Diluted earnings per share is based on the basic weighted earnings per share with additional weighted common shares for common stock equivalents. During the three months and six months ended June 30, 2013 and June 30, 2012 the Company had shares of restricted stock outstanding related to shares granted under the 2011 Restricted Stock Award Plan. A reconciliation of the numerator (net income) and denominator (weighted average number of shares outstanding of the basic and diluted earnings per share ("EPS")) for the three months and six months ended June 30, 2013 and June 30, 2012 is as follows (in thousands, except per share data):

 
Three months ended June 30, 2013
 
Net Income (numerator)
 
Shares (denominator)
 
Per Share Amount
Basic EPS
$
19,138

 
84,789

 
$
0.23

Effect of restricted stock

 
250

 
 
Diluted EPS
$
19,138

 
85,039

 
$
0.23


 
Three months ended June 30, 2012
 
Net Income (numerator)
 
Shares (denominator)
 
Per Share Amount
Basic EPS
$
18,227

 
86,451

 
$
0.21

Effect of restricted stock

 
328

 
 
Diluted EPS
$
18,227

 
86,779

 
$
0.21


 
Six months ended June, 2013
 
Net Income (numerator)
 
Shares (denominator)
 
Per Share Amount
Basic EPS
38,874

 
84,780

 
0.46

Effect of restricted stock

 
262

 
 
Diluted EPS
$
38,874

 
85,042

 
$
0.46


 
Six months ended June, 2012
 
Net Income (numerator)
 
Shares (denominator)
 
Per Share Amount
Basic EPS
$
34,816

 
86,463

 
$
0.40

Effect of restricted stock

 
339

 
 
Diluted EPS
$
34,816

 
86,802

 
$
0.40