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SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)
9 Months Ended
Sep. 30, 2011
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES 
Schedule of reconciliation of numerator and denominator of the basic and diluted earnings per share computations

 

 

 

 

For the Three-Month Period

 

For the Three-Month Period

 

 

 

Ended September 30, 2011

 

Ended September 30, 2010

 

(in thousands, except

 

Income

 

Shares

 

Per Share

 

Income

 

Shares

 

Per Share

 

per share data)

 

(Numerator)

 

(Denominator)

 

Amount

 

(Numerator)

 

(Denominator)

 

Amount

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic EPS

 

 

 

 

 

 

 

 

 

 

 

 

 

Income available to common shareholders

 

$

26,057

 

21,089

 

$

1.24

 

$

27,965

 

20,931

 

$

1.34

 

Effect of Dilutive Securities

 

 

 

 

 

 

 

 

 

 

 

 

 

Stock Options

 

 

246

 

 

 

 

159

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Diluted EPS

 

 

 

 

 

 

 

 

 

 

 

 

 

Income available to common shareholders

 

$

26,057

 

21,335

 

$

1.22

 

$

27,965

 

21,090

 

$

1.33

 

 

 

 

For the Nine-Month Period

 

For the Nine-Month Period

 

 

 

Ended September 30, 2011

 

Ended September 30, 2010

 

(in thousands, except

 

Income

 

Shares

 

Per Share

 

Income

 

Shares

 

Per Share

 

per share data)

 

(Numerator)

 

(Denominator)

 

Amount

 

(Numerator)

 

(Denominator)

 

Amount

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic EPS

 

 

 

 

 

 

 

 

 

 

 

 

 

Income available to common shareholders

 

$

99,899

 

21,063

 

$

4.74

 

$

87,180

 

21,043

 

$

4.14

 

Effect of Dilutive Securities

 

 

 

 

 

 

 

 

 

 

 

 

 

Stock options

 

 

261

 

 

 

 

190

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Diluted EPS

 

 

 

 

 

 

 

 

 

 

 

 

 

Income available to common shareholders

 

$

99,899

 

21,324

 

$

4.68

 

$

87,180

 

21,233

 

$

4.11