Shareholders' Investment

9 Months Ended

Sep. 30, 2011

Shareholders' Investment [Abstract]

SHAREHOLDERS' INVESTMENT

13. SHAREHOLDERS’ INVESTMENT

The following table presents the change in total shareholders’ investment for the nine months ended September 30, 2011 and 2010:

(In thousands)	Total Michael Baker Corporation Shareholders’ Investment			Non- controlling Interests			Total
Balance, December 31, 2010	$	195,815		$	722		$	196,537
Net income		12,918			814			13,732
Stock options exercised		40			—			40
Options granted		208			—			208
Employee Stock Purchase Plan		888			—			888
Stock appreciation rights		88			—			88
Amortization of restricted stock		1,509			—			1,509
Treasury share purchases		(86	)		—			(86	)
Profit distribution		—			(865	)		(865	)
Other comprehensive loss—unrealized loss on investments		(10	)		—			(10	)
Balance, September 30, 2011	$	211,370		$	671		$	212,041

(In thousands)	Total Michael Baker Corporation Shareholders’ Investment		Non- controlling Interests			Total
Balance, December 31, 2009	$	173,433	$	307		$	173,740
Net income		13,723		496			14,219
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		697		—			697
Profit distribution		—		(211	)		(211	)
Other comprehensive income—unrealized gain on investments		18		—			18
Balance, September 30, 2010	$	196,663	$	592		$	197,255