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EARNINGS (LOSS) PER SHARE (Tables)
6 Months Ended
Jun. 30, 2012
EARNINGS (LOSS) PER SHARE  
Schedule of computation of basic and diluted net earnings per share

 

 

 

 

Three Months
Ended
June 30,
2012

 

Three Months
Ended
 June 30,
 2011

 

Six Months
Ended
June 30,
2012

 

Six Months
Ended
June 30,
2011

 

 

 

(in thousands, except for per
share data)

 

(in thousands, except for per
share data)

 

 

 

 

 

 

 

Net earnings applicable to common shareholders

 

$

5,257

 

$

9,027

 

$

9,065

 

$

8,449

 

 

 

 

 

 

 

 

 

 

 

Weighted average shares outstanding - basic

 

71,062,658

 

70,815,871

 

71,043,874

 

70,779,033

 

Effect of dilutive securities — stock options

 

895,656

 

1,225,817

 

1,050,449

 

1,328,023

 

 

 

 

 

 

 

 

 

 

 

Weighted average shares outstanding - diluted

 

71,958,314

 

72,041,688

 

72,094,323

 

72,107,056

 

 

 

 

 

 

 

 

 

 

 

Basic net earnings per share

 

$

0.07

 

$

0.13

 

$

0.13

 

$

0.12

 

Diluted net earnings per share

 

$

0.07

 

$

0.13

 

$

0.13

 

$

0.12