The components of basic and diluted earnings per share were as follows for the three-month periods ended June 30, 2012 and 2011:



	Three Months Ended June 30,
(In Thousands Except Per Share Data)	2012				2011
	Basic		Diluted		Basic			Diluted
Net income (loss)	$	14,716	$	14,716	$	(17,914	)	$	(17,914	)
Weighted-average common shares outstanding	25,476		25,476		26,102			26,102
Add dilutive effect of restricted stock awards	—		57		—			—
Add dilutive effect of stock options	—		25		—			—
Weighted-average common shares for EPS calculation	25,476		25,558		26,102			26,102
Earnings (loss) per common share	$	0.58	$	0.58	$	(0.69	)	$	(0.69	)
Awards excluded from diluted EPS calculation⁽¹⁾	—		1,103		—			1,206


(1)	Outstanding awards excluded from the diluted earnings per share calculation because the effect of including them would have been anti-dilutive.

The components of basic and diluted earnings per share were as follows for the six-month periods ended June 30, 2012 and 2011:



	Six Months Ended June 30,
(In Thousands Except Per Share Data)	2012				2011
	Basic		Diluted		Basic			Diluted
Net income (loss)	$	33,900	$	33,900	$	(12,104	)	$	(12,104	)
Weighted-average common shares outstanding	25,491		25,491		26,148			26,148
Add dilutive effect of restricted stock awards	—		57		—			—
Add dilutive effect of stock options	—		31		—			—
Weighted-average common shares for EPS calculation	25,491		25,579		26,148			26,148
Earnings (loss) per common share	$	1.33	$	1.33	$	(0.46	)	$	(0.46	)
Awards excluded from diluted EPS calculation⁽¹⁾	—		1,103		—			1,206


(1)	Outstanding awards excluded from the diluted earnings per share calculation because the effect of including them would have been anti-dilutive.