Earnings Per Share

12 Months Ended

Dec. 31, 2012

Earnings Per Share

Note 2. Earnings Per Share

The following is a reconciliation of the basic and diluted EPS computations for the years ended December 31, 2012, 2011 and 2010:

	Year Ended December 31,
In thousands, except share and per share amounts	2012		2011		2010
Net income (loss)	$	63,762	$	25,597	$	69,578
Basic weighted average shares		14,052,311		14,980,429		16,064,770
Effect of common stock equivalents:
Assumed exercise of stock options and vesting of stock grants		275,509		202,856		350,496
Diluted weighted average shares		14,327,820		15,183,285		16,415,266
Net income (loss) per common share:
Basic	$	4.54	$	1.71	$	4.33
Diluted	$	4.45	$	1.69	$	4.24