XML 67 R21.htm IDEA: XBRL DOCUMENT v2.4.0.6
EARNINGS PER SHARE (Tables)
6 Months Ended
Jun. 30, 2012
Computation of Basic and Diluted Earnings Per Share

The following table sets forth the computation of basic and diluted earnings per share under the two-class method, as unvested share-based payment awards include the nonforfeitable right to receive dividends and therefore are considered participating securities:

 

    Three Months Ended June 30,     Six Months Ended June 30,  
    2012     2011     2012     2011  
Net income, as reported   $ 6,412     $ 7,070     $ 12,995     $ 13,409  
Weighted-average common shares outstanding – basic     7,675,819       7,677,594       7,673,927       7,668,831  
Dilutive effect of stock-based compensation     11,801       9,539       12,820       10,467  
Weighted-average common and potential common shares – diluted     7,687,620       7,687,133       7,687,747       7,679,298  
Basic earnings per share – common stock   $ 0.84     $ 0.92     $ 1.69     $ 1.75  
Basic earnings per share – unvested share-based payment awards     0.81       0.88       1.55       1.64  
Diluted earnings per share – common stock     0.83       0.92       1.69       1.75  
Diluted earnings per share– unvested share-based payment awards     0.83       0.92       1.69       1.75