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Earnings Per Share
6 Months Ended
Jun. 30, 2012
Earnings Per Share [Abstract]  
Earnings Per Share
EARNINGS PER SHARE
The calculation of basic and diluted earnings per common share follows (in thousands, except per share amounts):
 
Three Months Ending
 
Six Months Ending
 
June 30,
 
June 30,
 
2012
 
2011
 
2012
 
2011
Earnings from continuing operations
$
11,219

 
$
12,280

 
$
17,881

 
$
15,161

Weighted-average shares outstanding for basic earnings per share
63,431

 
63,333

 
63,431

 
63,233

Common equivalent shares:
 
 
 
 
 
 
 
Effect of stock-based compensation awards
962

 
839

 
952

 
822

Weighted-average shares outstanding assuming dilution
64,393

 
64,172

 
64,383

 
64,055

Basic earnings per share from continuing operations
$
0.18

 
$
0.19

 
$
0.28

 
$
0.24

Diluted earnings per share from continuing operations
$
0.17

 
$
0.19

 
$
0.28

 
$
0.24


The number of equivalent shares that were not included in weighted average shares outstanding assuming dilution, because their effect would have been anti-dilutive, was 49,000 and 54,000 at June 30, 2012 and 2011, respectively.