XML 28 R15.htm IDEA: XBRL DOCUMENT v2.4.0.6
Earnings Per Share
3 Months Ended
Mar. 31, 2012
Earnings Per Share [Abstract]  
Earnings Per Share

Note 7. Earnings Per Share

The following table sets forth the computation of basic and diluted earnings per share:

 

                 
    Three Months Ended
March 31,
 
(Dollars and shares in thousands, except per share data)   2012     2011  

Numerator for basic and diluted earnings per share – income available to common shareholders

  $ 5,263     $ 3,862  
   

 

 

   

 

 

 

Denominator for basic earnings per share – weighted-average shares outstanding

    16,749       16,712  

Effect of dilutive securities – employee stock options and awards

    2       —    
   

 

 

   

 

 

 

Denominator for diluted earnings per share – adjusted weighted-average shares outstanding

    16,751       16,712  
   

 

 

   

 

 

 

Basic earnings per share

  $ 0.31     $ 0.23  
   

 

 

   

 

 

 

Diluted earnings per share

  $ 0.31     $ 0.23  
   

 

 

   

 

 

 

Average anti-dilutive options and awards excluded from computation of diluted earnings per share

    585       488