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Earnings Per Common Share (EPS) (Tables)
9 Months Ended
Sep. 30, 2012
Earnings Per Share, Basic and Diluted [Abstract]  
Schedule of Earnings Per Share, Basic and Diluted
The computation of weighted average shares outstanding and the basic and diluted earnings per common share for the following periods consisted of the following (in thousands, except per share amounts):

 
Three Months
 
Nine Months
 
Net
Income
 
Shares
 
Per Share
Amount
 
Net
Income
 
Shares
 
Per Share
Amount
Period ended September 30, 2012:
 

 
 

 
 

 
 
 
 
 
 
Basic EPS
$
7,226

 
42,202

 
$
0.17

 
$
19,069

 
42,087

 
$
0.45

Effect of dilutive stock options and warrants
 

 
490

 
 

 
 
 
449

 
 
 
 
 
 
 
 
 
 
 
 
 
 
Diluted EPS
$
7,226

 
42,692

 
$
0.17

 
$
19,069

 
42,536

 
$
0.45

 
 
 
 
 
 
 
 
 
 
 
 
Stock options excluded from the calculation of common stock equivalents as the impact was anti-dilutive
 
 
1,542

 
 
 
 
 
1,608

 
 
 
 
 
 
 
 
 
 
 
 
 
 
Period ended September 30, 2011:
 

 
 

 
 

 
 
 
 
 
 
Basic EPS
$
4,563

 
41,909

 
$
0.11

 
$
18,074

 
38,123

 
$
0.47

Effect of dilutive stock options and warrants
 

 
593

 
 

 
 
 
709

 
 
 
 
 
 
 
 
 
 
 
 
 
 
Diluted EPS
$
4,563

 
42,502

 
$
0.11

 
$
18,074

 
38,832

 
$
0.47

 
 
 
 
 
 
 
 
 
 
 
 
Stock options excluded from the calculation of common stock equivalents as the impact was anti-dilutive
 
 
695

 
 
 
 
 
770