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Dividends and Earnings Per Share
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12 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||
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Dec. 31, 2011
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| Dividends and Earnings Per Share [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||
| Dividends and Earnings Per Share | 15. Dividends and Earnings Per Share Total cash dividends during 2011 were $9,158,000 or $11.75 per share of common stock, an increase of 3.5% per share from $8,855,000 or $11.35 per share in 2010. In 2009, cash dividends totaled $8,596,000 or $11.00 per share. Earnings per share amounts are computed by dividing net income by the weighted average number of common shares outstanding for the period. The following table calculates the earnings per share for the periods indicated.
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