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Earnings Per Share
 9 Months Ended
Sep. 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
 
Nine Months Ending
 
September 30,
 
September 30,
 
2012
 
2011
 
2012
 
2011
Earnings (loss) from continuing operations
$
11,556

 
$
(4,826
)
 
$
29,437

 
$
10,335

Weighted-average shares outstanding for basic earnings per share
63,456

 
63,334

 
63,439

 
63,267

Common equivalent shares:
 
 
 
 
 
 
 
Effect of stock-based compensation awards
1,211

 
—

 
1,039

 
811

Weighted-average shares outstanding assuming dilution
64,667

 
63,334

 
64,478

 
64,078

Basic earnings (loss) per share from continuing operations
$
0.18

 
$
(0.08
)
 
$
0.46

 
$
0.16

Diluted earnings (loss) per share from continuing operations
$
0.18

 
$
(0.08
)
 
$
0.46

 
$
0.16


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 77,000 and 214,000 at September 30, 2012 and 2011, respectively.