NET INCOME PER COMMON SHARE

3 Months Ended

Mar. 31, 2012

NET INCOME PER COMMON SHARE

NET INCOME PER COMMON SHARE

NOTE I — NET INCOME PER COMMON SHARE

Basic per common share amounts are computed using the weighted average number of common shares outstanding during the year. Diluted per common share amounts are computed using the weighted average number of common shares outstanding during the year and dilutive potential common shares. Dilutive potential common shares consist of stock options and restricted shares and are calculated using the treasury stock method.

Net income per share is computed as follows:

	Three Months Ended
	March 31,
(In thousands, except share and per share data)	2012		2011
	(Unaudited)		(Unaudited)
	(Restated)		(Restated)
Net income	$	8,636	$	6,752
Shares of common stock outstanding used to compute basic per common share amounts	34,036,539		33,360,840
Effect of dilutive restricted stock and options (1)	603,121		773,227
Shares used to compute dilutive per common share amounts	34,639,660		34,134,067
Basic income per share	$	0.25	$	0.20
Diluted income per share	$	0.25	$	0.20

(1) There were no anti-dilutive options for the three months ended March 31, 2012 and 2011.