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Basic And Diluted Net Income Per Common Share
12 Months Ended
Dec. 31, 2011
Basic And Diluted Net Income Per Common Share [Abstract]  
Basic And Diluted Net Income Per Common Share

17. Basic and Diluted Net Income Per Common Share

Computation of basic and diluted net income per common share is performed as follows:

 

     For the Year Ended  

(Dollars in thousands, except per share amounts)

   2011      2010      2009  

Net income available to common shareholders

   $ 39,224       $ 34,850       $ 39,159   

Weighted Average Shares Outstanding

        

Basic

     56,243,015         55,866,552         54,757,279   

Effect of Dilutive Securities

     750,933         875,725         1,771,994   
  

 

 

    

 

 

    

 

 

 

Diluted

     56,993,948         56,742,277         56,529,273   
  

 

 

    

 

 

    

 

 

 

Basic net income per common share

   $ .70       $ .62       $ .72   

Diluted net income per common share

   $ .69       $ .61       $ .69   

For the years ended December 31, 2011, 2010 and 2009, there were 131,890; 206,690; and 160,145 options, respectively, that were excluded from the dilutive calculations as the effect would have been antidilutive.