Earnings Per Common Share

9 Months Ended

Sep. 30, 2011

Earnings Per Common Share [Abstract]

Earnings Per Common Share

Note 8.  Earnings Per Common Share

The computation of basic earnings per share is based on the weighted average number of common shares outstanding during the period. Diluted net earnings per share gives effect to stock options and restricted stock units using the treasury stock method, unless the impact is anti-dilutive. Diluted net earnings per share as of September 30, 2011, does not include 1,947,938 restricted stock units and 1,313,483 stock options as their effect was anti-dilutive.

	Three Months Ended				Nine Months Ended
	September 30, 2011		September 30, 2010		September 30, 2011		September 30, 2010
Net Income (loss)	$	(5,872,211)	$	8,226,153	$	(13,120,770)	$	23,811,709
Weighted Average Shares – Basic		62,652,724		62,224,675		62,595,165		62,163,617
Dilutive effect of stock options and restricted  stock units		-		217,371		-		228,824
Weighted Average Shares – Diluted		62,652,724		62,442,046		62,595,165		62,392,441
Basic Earnings Per Share	$	(0.09)	$	0.13	$	(0.21)	$	0.38
Diluted Earnings Per Share	$	(0.09)	$	0.13	$	(0.21)	$	0.38