Earnings Per Common Share

6 Months Ended

Jun. 30, 2011

Earnings Per Common Share

Earnings Per Common Share

5.   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					Six Months
	Net			Per Share		Net			Per Share
	Income		Shares	Amount		Income		Shares	Amount
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 antidilutive			—					722
Period ended June 30, 2010:
Basic EPS	$	5,715	35,243	$	0.16	$	10,223	35,230	$	0.29
Effect of dilutive stock options and warrants			668					695
Diluted EPS	$	5,715	35,911	$	0.16	$	10,223	35,925	$	0.28
Stock options excluded from the calculation of common stock equivalents as the impact was antidilutive			1,329					1,320