Earnings Per Share

6 Months Ended

Jun. 30, 2013

Earnings Per Share [Abstract]

Earnings Per Share [Text Block]

3. EARNINGS PER SHARE

Basic earnings per share are computed using net income and the weighted-average number of common shares outstanding for each period presented. Diluted earnings per share are computed in the same manner, except it uses the weighted-average number of common shares outstanding plus the effects of the assumed exercise of stock options, and payment of estimated stock awards from other stock-based compensation plans that are outstanding at the end of each period presented. Diluted earnings per share are calculated as follows:

	Three Months Ended				Six Months Ended
	June 30,				June 30,
In thousands, except per share data	2013		2012		2013		2012
Net income	$	2,126	$	1,227	$	39,765	$	41,511
Average common shares outstanding - basic	26,958		26,812		26,943		26,797
Additional shares for stock-based compensation plans outstanding	41		84		48		82
Average common shares outstanding - diluted	26,999		26,896		26,991		26,879
Earnings per share of common stock - basic	$	0.08	$	0.05	$	1.48	$	1.55
Earnings per share of common stock - diluted	$	0.08	$	0.05	$	1.47	$	1.54
Additional information:
Anti-dilutive shares excluded from net income per diluted common share calculation	43		1		28		1