Earnings Per Common Share

9 Months Ended

Sep. 30, 2011

Earnings Per Common Share [Abstract]

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 September 30,				Nine Months Ended September 30,
	2011		2010		2011		2010
	(In thousands)
Shares:
Weighted average number of shares of common stock outstanding		26,839		32,777		27,791		33,954
Shares assumed issued (less shares assumed purchased for treasury) for stock-based compensation		259		234		244		382
Outstanding shares for diluted earnings per share calculation		27,098		33,011		28,035		34,336

A total of 1,108,014 shares at September 30, 2011 and 1,000,832 shares at September 30, 2010 were excluded from the calculation of our diluted earnings per common share because the effect was anti-dilutive.