Stock-Based Compensation and Earnings Per Share (Tables)

9 Months Ended

Sep. 30, 2012

A summary of the service-based restricted stock unit activity during the nine months ended September 30, 2012 is presented below:


Service Based Restricted Stock Units	Number of Units			Weighted Average Grant Date Fair Value
Balance at December 31, 2011		37,815		$	26.99
Granted		—			—
Vested		(24,076	)		23.13
Forfeited		(1,839	)		21.52

Balance at September 30, 2012		11,900		$	21.52

Total stock-based compensation recognized in the consolidated statements of operations was as follows:


	Three Months Ended					Nine Months Ended
	September 30, 2012			September 30, 2011		September 30, 2012		September 30, 2011
Stock-based compensation expense	$	(6	)	$	225	$	996	$	8,609

The following table presents a reconciliation of average shares outstanding:


	Three Months Ended				Nine Months Ended
	September 30, 2012		September 30, 2011		September 30, 2012		September 30, 2011
Basic average shares outstanding		92,292,053		92,190,064		92,275,790		92,243,345
Net effect of stock options assumed to be exercised		—		—		—		—
Net effect of restricted stock units assumed to be vested		1,085		—		436		—

Diluted average shares outstanding		92,293,138		92,190,064		92,276,226		92,243,345