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Equity Offering
6 Months Ended
Jun. 30, 2011
Equity Offering  
Equity Offering

4.  Equity Offering

 

On June 8, 2011, the Company sold 48 million shares of its common stock at a public offering price of $27.00 per share.  The $1.25 million in net proceeds from the issuance were used to finance the acquisition.  On July 8, 2011, the Company issued an additional 0.7 million shares of its common stock under the same terms and conditions to cover underwriters' over-allotments for net proceeds of $18.4 million.