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Earnings Per Share
6 Months Ended
Jun. 30, 2012
Earnings Per Share [Abstract]  
Earnings Per Share
Note 14 - Earnings Per Share:
The following is a reconciliation of the amounts used to calculate basic and diluted earnings per share (share amounts and $ amounts in thousands, except per share amounts):

 
Three months ended
 
Six months ended
 
June 30,
2012
 
June 30,
2011
 
June 30,
2012
 
June 30,
2011
Income (loss) from continuing operations
$
51,305

 
$
9,180

 
$
22,609

 
$
(99,664
)
Provision for income taxes from discontinued operations
28

 
127

 
55

 
253

Loss from discontinued operations
(28
)
 
(127
)
 
(55
)
 
(253
)
Net income (loss)
$
51,277

 
$
9,053

 
$
22,554

 
$
(99,917
)
Basic:
 
 
 
 
 
 
 
Weighted average number of common shares outstanding
36,478

 
35,983

 
36,392

 
35,742

Income (loss) from continuing operations
$
1.41

 
$
0.26

 
$
0.62

 
$
(2.79
)
Loss from discontinued operations

 
(0.01
)
 

 
(0.01
)
Net income (loss) per share of common stock
$
1.41

 
$
0.25

 
$
0.62

 
$
(2.80
)
Assuming dilution:
 
 
 
 
 
 
 
Weighted average number of common shares outstanding
36,478

 
35,983

 
36,392

 
35,742

Effect of dilutive securities
716

 
725

 
730

 

Weighted average number of common and common
   equivalent shares outstanding
37,194

 
36,708

 
37,122

 
35,742

Income (loss) from continuing operations
$
1.38

 
$
0.25

 
$
0.61

 
$
(2.79
)
Loss from discontinued operations

 

 

 
(0.01
)
Net income (loss) per share of common stock
$
1.38

 
$
0.25

 
$
0.61

 
$
(2.80
)

 
Outstanding options of 1,059 thousand as of June 30, 2012 and 774 thousand as of June 30, 2011 were not included in the computation of diluted earnings per share because their exercise prices were greater than the average market price of our common stock during the respective periods and their inclusion would, therefore, have been anti-dilutive.  Since we had a net loss for the six-month period ended June 30, 2011, basic and diluted net loss per share of common stock is the same, because the effect of including potential common stock equivalents (such as stock options, restricted shares, and restricted stock units) would be anti-dilutive.  The effect of dilutive securities would have been 813 thousand on weighted average number of common shares outstanding for the six months ended June 30, 2011.