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NET INCOME PER COMMON SHARE (Tables)
 3 Months Ended
Mar. 31, 2012
NET INCOME PER COMMON SHARE  
Schedule of computation of basic and diluted earnings per share

 

 

 

 

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.