Earnings Per Common Share (EPS)

6 Months Ended

Jun. 30, 2012

Earnings Per Share, Basic and Diluted [Abstract]

Earnings Per Common Share (EPS)

Earnings Per Common Share (EPS). The computation of weighted average shares outstanding and the basic and diluted earnings per common share for the following periods consisted of the following (in thousands, except per share amounts):

	Three Months					Six Months
	Net Income		Shares	Per Share Amount		Net Income		Shares	Per Share Amount
Period ended June 30, 2012:
Basic EPS	$	6,095	42,048	$	0.14	$	11,843	42,028	$	0.28
Effect of dilutive stock options and warrants			421					429
Diluted EPS	$	6,095	42,469	$	0.14	$	11,843	42,457	$	0.28
Stock options excluded from the calculation of common stock equivalents as the impact was anti-dilutive			1,658					1,641
Period ended June 30, 2011:
Basic EPS	$	6,872	36,804	$	0.19	$	13,511	36,199	$	0.37
Effect of dilutive stock options and warrants			873					767
Diluted EPS	$	6,872	37,677	$	0.18	$	13,511	36,966	$	0.37
Stock options excluded from the calculation of common stock equivalents as the impact was anti-dilutive			—					722