Earnings Per Share

3 Months Ended

Mar. 31, 2012

Earnings Per Share [Abstract]

Earnings Per Share

Earnings Per Share:

The following table presents the computations for basic and diluted earnings per common share:

	Three Months Ended March 31,
	2012		2011
	(in thousands, except shares and per share amounts)
Numerator:
Net income	$	13,291	$	5,417
Denominator:
Weighted average shares outstanding - basic	62,078,404		61,930,783
Dilutive securities outstanding	604,583		404,429
Weighted average shares outstanding - diluted	62,682,987		62,335,212
Earnings per share - basic	$	0.21	$	0.09
Earnings per share - diluted	$	0.21	$	0.09
Antidilutive securities outstanding (weighted average):
Stock options	15,191		17,701
Restricted shares	1,859		31,847
Total antidilutive securities outstanding	17,050		49,548