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Earnings Per Share (Tables)
6 Months Ended
Jun. 30, 2012
Earnings Per Share [Abstract]  
Schedule of Earnings Per Share, Basic and Diluted
Basic and diluted earnings (loss) per common share ("EPS") are calculated as follows:
  
Quarter ended June 30,
 
Six months ended June 30,
(In thousands, except per share amounts)
2012
 
2011
 
2012
 
2011
Net income (loss)
$
5,508

 
$
77,775

 
$
(5,634
)
 
$
101,977

 
 
 
 
 
 
 
 
Weighted average common shares outstanding (used to calculate basic EPS)
45,945

 
45,422

 
45,892

 
45,376

Dilutive effect of stock awards
279

 
858

 

 
872

Weighted average common shares outstanding (used to calculate diluted EPS)
46,224

 
46,280

 
45,892

 
46,248

 
 
 
 
 
 
 
 
Earnings (loss) per common share – basic
$
0.12

 
$
1.71

 
$
(0.12
)
 
$
2.25

Earnings (loss) per common share – diluted
$
0.12

 
$
1.68

 
$
(0.12
)
 
$
2.21