Changes In Stockholders' Equity

6 Months Ended

Jun. 30, 2011

Changes In Stockholders' Equity

Changes In Stockholders' Equity

Note 11 - Changes in Stockholders' Equity:

Changes in our Common Stock, Additional Paid-In Capital and Accumulated Other Comprehensive Gain/(Loss) accounts during the six-month period ended June 30, 2011 were as follows (share amounts and $ amounts in thousands):

										Accumulated
							Additional			Other
	Common Stock						Paid-In			Comprehensive
	Shares			Amount			Capital			Gain/(Loss)
Balance, December 31, 2010		38,873		$	389		$	373,764		$	137
Unrealized loss on available for sale securities, net of tax		-			-			-			(69	)
Exercise of stock options		644			6			9,804			-
Net excess tax benefit from share-based compensation		-			-			6,477			-
Issuance of common stock under the Employee Stock     Purchase Program		-			-			170			-
Forfeitures of restricted stock		(31	)		1			(1	)		-
Issuances of restricted stock		169			(2	)		1			-
Cash settlement of share-based compensation		-			-			(4,133	)
Compensatory arrangements (a)		-			-			5,582			-
Balance, June 30, 2011		39,655		$	394		$	391,664		$	68

(a)  Share-based compensation expense includes equity-settled awards only.

Comprehensive (Loss) Income	Three months ended						Six months ended
($ amounts in thousands)	June 30,			June 30,			June 30,			June 30,
	2011			2010			2011			2010
Net (loss) income	$	9,053		$	18,395		$	(99,917	)	$	44,693
Other comprehensive (loss) income:
Unrealized loss on marketable securities, net of tax		(15	)		(152	)		(69	)		(238	)
Add: reclassification adjustment for net losses included     in net income, net of tax		-			-			-			-
Comprehensive (loss) income	$	9,038		$	18,243		$	(99,986	)	$	44,455

In September 2007, our Board of Directors approved an expansion of our share repurchase program allowing for the repurchase of up to $75 million of our common stock.  The repurchases may be made, subject to compliance with applicable securities laws, from time to time in the open market or in privately negotiated transactions.  Shares of common stock acquired through the repurchase program are and will be available for general corporate purposes.  Werepurchased 1,643 thousand shares of our common stock for approximately $31.4 million pursuant to the expanded program in 2007.  Wedid not repurchase any shares of common stock under this authorization in 2008, 2009, 2010 or the first and second quarter of 2011.  The authorized amount remaining for stock repurchases under the repurchase program was $43.6 million, as of June 30, 2011.  The repurchase program has no expiration date.