Earnings (Loss) Per Common Share

9 Months Ended

Sep. 30, 2011

Earnings (Loss) Per Common Share [Abstract]

EARNINGS (LOSS) PER COMMON SHARE

7. EARNINGS (LOSS) PER COMMON SHARE

Information with respect to basic and diluted net income per common share is presented below:

	Three Months  Ended September 30,					Nine Months  Ended September 30,
	2011			2010		2011		2010
Net income (loss) per common share:
Per common share – basic
Income (loss) from continuing operations	$	(0.17	)	$	0.02	$	0.39	$	0.29
Income (loss) from discontinued operations
Operating income, net of taxes		—			—		—		0.06
Loss on disposal, net of taxes		—			—		—		(0.03	)
Discontinued operations, net of taxes		—			—		—		0.03
Net income (loss)	$	(0.17	)	$	0.02	$	0.39	$	0.32
Per common share – diluted
Income (loss) from continuing operations	$	(0.17	)	$	0.02	$	0.38	$	0.28
Income (loss) from discontinued operations
Operating income, net of taxes		—			—		—		0.06
Loss on disposal, net of taxes		—			—		—		(0.03	)
Discontinued operations, net of taxes		—			—		—		0.03
Net income (loss)	$	(0.17	)	$	0.02	$	0.38	$	0.31

The effects of 154,000 and 523,000 weighted average SOSARs and options outstanding were excluded from the computation of diluted earnings per common share in 2011 and 2010, respectively, because these securities would have been anti-dilutive.