Earnings Per Share

6 Months Ended

Jun. 30, 2014

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	2014		2013		2014		2013
Net income	$	1,071	$	2,126	$	38,955	$	39,765
Average common shares outstanding - basic	27,139		26,958		27,116		26,943
Additional shares for stock-based compensation plans outstanding	43		41		42		48
Average common shares outstanding - diluted	27,182		26,999		27,158		26,991
Earnings per share of common stock - basic	$	0.04	$	0.08	$	1.44	$	1.48
Earnings per share of common stock - diluted	$	0.04	$	0.08	$	1.43	$	1.47
Additional information:
Antidilutive shares excluded from net income per diluted common share calculation	39		43		28		28