Earnings Per Common Share

3 Months Ended

Mar. 31, 2012

Earnings Per Common Share [Abstract]

Earnings Per Common Share

9. Earnings Per Common Share

Earnings per common share for all periods have been calculated in conformity with ASC 260, "Earnings Per Share." This data is based on historical net income and the weighted average number of shares of our common stock outstanding during each period as set forth in the following table:

	Three Months Ended
	March 31,
	2012		2011
	(In thousands)
Shares:
Weighted average number of shares of common stock outstanding		25,420		29,085
Shares assumed issued (less shares assumed purchased for treasury) for stock-based compensation		216		227
Outstanding shares for diluted earnings per share calculation		25,636		29,312

A total of 1,534,603 shares at March 31, 2012 and 1,122,931 shares at March 31, 2011 were excluded from the calculation of our diluted earnings per common share because the effect was anti-dilutive.