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Earnings Per Common Share
9 Months Ended
Sep. 30, 2011
Earnings Per Share [Abstract] 
Earnings Per Common Share
Earnings Per Common Share. The following table sets forth the computation of the number of shares used in calculating basic and diluted net income  per share  (in thousands, except per share amounts):
 
 
Three Months
 
Nine Months
 
Net
Income
 
Shares
 
Per Share
Amount
 
Net
Income
 
Shares
 
Per Share
Amount
Period ended September 30, 2011:
 

 
 

 
 

 
 

 
 

 
 

Basic EPS
$
4,563

 
41,909

 
$
0.11

 
$
18,074

 
38,123

 
$
0.47

Effect of dilutive stock options and warrants
 

 
593

 
 

 
 

 
709

 
 

 
 
 
 
 
 
 
 
 
 
 
 
Diluted EPS
$
4,563

 
42,502

 
$
0.11

 
$
18,074

 
38,832

 
$
0.47

 
 
 
 
 
 
 
 
 
 
 
 
Stock options excluded from the calculation of common stock equivalents as the impact was anti-dilutive
 

 
695

 
 

 
 

 
770

 
 

 
 
 
 
 
 
 
 
 
 
 
 
Period ended September 30, 2010:
 

 
 

 
 

 
 

 
 

 
 

Basic EPS
$
(1,973
)
 
35,293

 
$
(0.06
)
 
$
8,250

 
35,249

 
$
0.23

Effect of dilutive stock options and warrants
 

 

 
 

 
 

 
705

 
 

 
 
 
 
 
 
 
 
 
 
 
 
Diluted EPS
$
(1,973
)
 
35,293

 
$
(0.06
)
 
$
8,250

 
35,954

 
$
0.23

 
 
 
 
 
 
 
 
 
 
 
 
Stock options excluded from the calculation of common stock equivalents as the impact was anti-dilutive
 

 
869

 
 

 
 

 
1,170