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EARNINGS (LOSS) PER SHARE (Tables)
3 Months Ended
Mar. 31, 2013
EARNINGS (LOSS) PER SHARE  
Schedule of computation of basic and diluted net earnings per share

 

 

 

 

Three Months
Ended
March 31,
2013

 

Three Months
Ended
March 31,
2012

 

 

 

(in thousands, except for per
share data)

 

Net earnings applicable to common shareholders

 

$

2,826

 

$

3,808

 

 

 

 

 

 

 

Weighted average shares outstanding - basic

 

71,991,863

 

71,025,089

 

Effect of dilutive securities — restricted stock

 

63,285

 

 

Effect of dilutive securities — stock options

 

630,291

 

1,169,211

 

 

 

 

 

 

 

Weighted average shares outstanding - diluted

 

72,685,439

 

72,194,300

 

 

 

 

 

 

 

Basic net earnings per share

 

$

0.04

 

$

0.05

 

Diluted net earnings per share

 

$

0.04

 

$

0.05