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Earnings Per Share (Tables)
6 Months Ended
Jun. 30, 2012
Earnings Per Share [Abstract]  
Schedule Of Computation Of Basic And Diluted Earnings Per Share

 

 

 

 

 

 

 

Three months ended June 30

 

Six months ended June 30

 

(In thousands, except per share data)

2012

2011

2012

2011

 

 

 

 

 

Distributed earnings allocated to              common stock

     $          5,146

     $          5,092

     $          10,291

     $        10,184

Undistributed earnings allocated to common stock

2,208

4,669

7,011

9,123

Net earnings allocated to common shareholders

     $          7,354

     $          9,761

     $          17,302

     $        19,307

 

 

 

 

 

Average shares outstanding

14,680     

15,120

14,676

15,244

 

 

 

 

 

Effect of dilutive securities:

 

 

 

 

Employee stock options

                      79

73

84

78

 

 

 

 

 

Shares for diluted earnings per share

               14,759

15,193

14,760

15,322

 

 

 

 

 

Basic earnings per share

     $             0.50

     $             0.65

     $             1.18

     $             1.27

Diluted earnings per share

     $             0.50

     $             0.64

     $             1.17

     $             1.26