Earnings Per Share (Tables)

9 Months Ended

Sep. 30, 2013

Earnings Per Share [Abstract]

Schedule Computing Earnings Per Share

The amounts used in computing earnings per share and the weighted average number of shares of potentially dilutive securities are as follows:

	Three months ended September 30,		Nine months ended September 30,
(in thousands, except market price data)	2013	2012	2013	2012
Net income available to common shareholders	$4,698	$9,463	$8,830	$22,759
Weighted average number of shares:
Weighted average number of shares used in
calculating basic net income/(loss) per share	31,719	31,363	31,615	31,340
Effect of dilutive stock-based compensation plans:
Stock options	122	35	129	58
Long-term incentive plan	169	152	169	152
Weighted average number of shares used in
calculating diluted net income/(loss) per share	32,010	31,550	31,913	31,550
Average market price of common stock used
for calculation of dilutive shares	$34.43	$19.92	$30.53	$21.46
Net income per share:
Basic	$0.15	$0.30	$0.28	$0.73
Diluted	$0.15	$0.30	$0.28	$0.72

Schedule of Shares Issued and Outstanding

The following table presents the number of shares issued and outstanding:

	Class A	Class B	Less: Treasury	Net shares
	Shares	Shares	Shares	Outstanding
September 30, 2013	36,954,027	3,236,098	(8,463,635)	31,726,490
June 30, 2013	36,875,127	3,236,098	(8,463,635)	31,647,590
September 30, 2012	36,629,604	3,236,098	(8,467,873)	31,397,829