Earnings Per Share

9 Months Ended

Sep. 30, 2011

Earnings Per Share

Note 7 - Earnings Per Share

The following table sets forth the computation of basic and diluted earnings per share, for the periods indicated:

(In thousands, except per share amounts)	Three Months Ended				Nine Months Ended
	September 30, 2011		September 30, 2010		September 30, 2011		September 30, 2010
Numerator:
Net income	$	14,356	$	8,856	$	35,919	$	24,023
Denominator:
Denominator for basic earnings per share -           Weighted-average shares		16,106		15,816		15,981		15,790
Effect of dilutive stock options		828		191		733		173
Denominator for diluted earnings per share - Adjusted
weighted-average shares and assumed conversions		16,934		16,007		16,714		15,963
Basic net income per share:	$	0.89	$	0.56	$	2.25	$	1.52
Diluted net income per share:		0.85		0.55		2.15		1.50