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Shareholders' Investment
6 Months Ended
Jun. 30, 2011
Shareholders' Investment [Abstract]  
SHAREHOLDERS' INVESTMENT
13. SHAREHOLDERS’ INVESTMENT
The following table presents the change in total shareholders’ investment for the six months ended June 30, 2011 and 2010:
                         
    Total Michael              
    Baker Corporation     Non-        
    Shareholders’     controlling        
(In thousands)   Investment     Interests     Total  
 
Balance, December 31, 2010
  $ 195,815     $ 722     $ 196,537  
 
Net income
    5,686       635       6,321  
Stock options exercised
    40       —       40  
Options granted
    208       —       208  
Employee Stock Purchase Plan
    582       —       582  
Stock appreciation rights
    88       —       88  
Amortization of restricted stock
    1,101       —       1,101  
Treasury share purchases
    (86 )     —       (86 )
Profit distribution
    —       (387 )     (387 )
Other comprehensive income — unrealized gain on investments
    19       —       19  
 
Balance, June 30, 2011
  $ 203,453     $ 970     $ 204,423  
 
                         
    Total Michael              
    Baker Corporation     Non-        
    Shareholders’     controlling        
(In thousands)   Investment     Interests     Total  
 
Balance, December 31, 2009
  $ 173,433     $ 307     $ 173,740  
 
Net income
    9,373       490       9,863  
Stock options exercised
    50       —       50  
Options granted
    315       —       315  
Stock appreciation rights
    365       —       365  
Common stock issuance related to LPA acquisition
    8,062       —       8,062  
Amortization of restricted stock
    339       —       339  
Profit distribution
    —       (79 )     (79 )
Other comprehensive loss — unrealized loss on investments
    (5 )     —       (5 )
 
Balance, June 30, 2010
  $ 191,932     $ 718     $ 192,650