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Earnings Per Share (Tables)
12 Months Ended
Dec. 31, 2011
Reconciliation of Basic and Diluted Earnings per Share Computations

The following is a reconciliation of the basic and diluted EPS computations for the years ended December 31, 2011, 2010 and 2009:

 

September 30, September 30, September 30,
       Year Ended December 31,  

In thousands, except share and per share amounts

     2011        2010        2009  

Net income (loss)

     $ 25,597         $ 69,578         $ 63,158   

Basic weighted average shares

       14,980,429           16,064,770           16,935,488   

Effect of common stock equivalents:

              

Assumed exercise of stock options and vesting of stock grants

       202,856           350,496           386,532   
    

 

 

      

 

 

      

 

 

 

Diluted weighted average shares

       15,183,285           16,415,266           17,322,020   

Net income (loss) per common share:

              

Basic

     $ 1.71         $ 4.33         $ 3.73   
    

 

 

      

 

 

      

 

 

 

Diluted

     $ 1.69         $ 4.24         $ 3.65