XML 21 R16.htm IDEA: XBRL DOCUMENT  v2.3.0.11
Earnings Per Common Share
6 Months Ended
Jun. 30, 2011
Earnings Per Common Share  
Earnings Per Common Share
9. Earnings Per Common Share

Earnings per common share for all periods have been calculated in conformity with ASC 260, "Earnings Per Share". This data is based on historical net income and the weighted average number of shares of our common stock outstanding during each period as set forth in the following table:

 

     Three Months Ended
June 30,
     Six Months Ended
June 30,
 
     2011      2010      2011      2010  
     (In thousands)  

Shares:

           

Weighted average number of shares of common stock outstanding

     27,474           34,081           28,275           34,552     

Shares assumed issued (less shares assumed purchased for treasury) for stock-based compensation

     245           444           236           458     
                                   

Outstanding shares for diluted earnings per share calculation

     27,719           34,525           28,511           35,010     
                                   

A total of 1,107,236 shares at June 30, 2011 and 577,174 shares at June 30, 2010 were excluded from the calculation of our diluted earnings per common share because the effect was anti-dilutive.