Earnings Per Share

12 Months Ended

Dec. 31, 2011

Earnings Per Share

16. Earnings Per Share

The following table provides a reconciliation of weighted-average shares used to determine basic and diluted earnings per share.

	For the years ended December 31,
In thousands	2011		2010		2009
Basic average common shares outstanding		16,753		16,672		16,567
Effect of dilutive options and restricted stock awards		143		116		-
Diluted average common shares outstanding		16,896		16,788		16,567

For the years ended December 31, 2011, 2010 and 2009, stock options for 0.5 million, 0.7 million and 0.8 million shares of Common Stock, respectively, were not considered in computing diluted earnings per common share as the stock options were considered anti-dilutive.