Earnings per Share

6 Months Ended

Jun. 30, 2011

Earnings Per Share [Abstract]

Earnings Per Share [Text Block]

Earnings per Share

To calculate diluted earnings per share, interest expense related to convertible debt excluding imputed interest, was added back to net income as follows:

	Three Months Ended				Six Months Ended
	June 30,				June 30,
	2011		2010		2011		2010
	(In thousands, except per share data)
Net income	$	22,348	$	14,010	$	37,512	$	26,394
Convertible debt interest (excludes imputed interest)	—		—		—		10
Net income for diluted earnings per share purposes	$	22,348	$	14,010	$	37,512	$	26,404
Diluted shares outstanding	42,344		39,275		41,882		39,305
Diluted earnings per common share	$	0.53	$	0.36	$	0.90	$	0.67

Diluted shares outstanding were determined as follows for the three and six months ending June 30, 2011 and 2010, respectively:

	Three Months Ended		Six Months Ended
	June 30,		June 30,
	2011	2010	2011	2010
	(In thousands)
Basic Weighted Average Shares Outstanding	39,159	34,958	38,658	34,852
Incremental Shares	3,185	4,317	3,224	4,453
Diluted Shares Outstanding	42,344	39,275	41,882	39,305