Earnings Per Share (Tables)

9 Months Ended

Sep. 30, 2012

Earnings Per Share [Abstract]

Computation of basic and diluted earnings per share

The following table sets forth the computation of basic and diluted earnings per share (in thousands, except share and per share data):

	Three Months  Ended September 30,						Nine Months  Ended September 30,
	2012			2011			2012		2011
Numerator:
Net income (loss) available to common shareholders	$	(14,312	)	$	(496	)	$	6,339	$	6,667
Denominator:
Basic weighted average shares outstanding		16,677,159			15,427,437			15,910,300		15,373,132
Effect of dilutive securities:
SARs and options		—			—			421,539		480,297
Convertible notes		—			—			643,978		562,139
Restricted stock		—			—			35,889		46,106
Diluted weighted average shares outstanding		16,677,159			15,427,437			17,011,706		16,461,674
Basic earnings (loss) per share	$	(0.86	)	$	(0.03	)	$	0.40	$	0.43
Diluted earnings (loss) per share	$	(0.86	)	$	(0.03	)	$	0.37	$	0.41