Earnings Per Common Share

12 Months Ended

Dec. 31, 2011

Earnings Per Common Share [Abstract]

EARNINGS PER COMMON SHARE

(5) EARNINGS PER COMMON SHARE

The following tables set forth the computations of basic and diluted earnings per common share (in thousands, except per share data).

	Years Ended December 31,
	2011		2010		2009
Basic earnings per common share:
Numerator:
Net earnings	$	2,816	$	3,253	$	15,327
Denominator:
Weighted-average common shares outstanding	$	24,634	$	23,906	$	22,915
Basic earnings per common share	$	0.11	$	0.14	$	0.67
Diluted earnings per common share:
Numerator:
Net earnings	$	2,816	$	3,253	$	15,327
Denominator:
Weighted-average common shares outstanding	$	24,634	$	23,906	$	22,915
Incremental shares from stock-based compensation plans		395		238		645
Denominator for diluted earnings per common share	$	25,029	$	24,144	$	23,560
Diluted earnings per common share	$	0.11	$	0.13	$	0.65

Weighted average shares outstanding excludes anti-dilutive shares that totaled 1.5 million shares in 2011, 1.7 million shares in 2010 and 1.2 million shares in 2009. The number of common shares we used in the basic and diluted earnings per common share computations include nonvested restricted shares of 1.2 million in 2011, 1.2 million in 2010 and 1.0 million in 2009, and nonvested restricted share units that we consider to be participating securities of 0.2 million in 2011, 0.3 million in 2010 and 0.2 million in 2009.