Earnings Per Share

6 Months Ended

Jun. 30, 2013

Earnings Per Share [Abstract]

Earnings Per Share [TextBlock]

NOTE B– Earnings Per Share

Basic earnings per share is calculated by dividing net earnings by the weighted-average number of shares of Common Stock outstanding during the period. Diluted earnings per share is calculated similarly but includes potential dilution from the exercise of stock options and stock awards, except when the effect would be anti-dilutive.

The computation of basic and diluted earnings per common share is as follows (in thousands, except per share data):

		Three Months Ended				Six Months Ended
		June 30,				June 30,
		2013		2012		2013		2012
BASIC
Weighted average number of common shares outstanding
used in computing basic earnings per share		46,148		45,642		46,085		45,551
Net income attributable to common stockholders	$	8,635	$	6,653	$	6,709	$	11,524
Earnings per share attributable to common stockholders	$	0.19	$	0.15	$	0.15	$	0.25
DILUTED
Weighted average number of common shares outstanding
used in computing basic earnings per share		46,148		45,642		46,085		45,551
Add: Assumed exercise of stock options and stock awards		1,359		1,217		1,298		1,365
		47,507		46,859		47,383		46,916
Net income attributable to common stockholders	$	8,635	$	6,653	$	6,709	$	11,524
Earnings per share attributable to common stockholders	$	0.18	$	0.14	$	0.14	$	0.25