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Earnings Per Share
6 Months Ended
Jun. 30, 2012
Earnings Per Share [Abstract]  
Earnings Per Share
EARNINGS PER SHARE

Earnings Per Share.  Basic income per share is computed based upon the weighted-average number of common shares outstanding, excluding unvested restricted stock.  Diluted income per share is computed based upon the weighted-average number of common shares outstanding, including the dilutive effect of common stock equivalents outstanding during the periods.  Potentially dilutive common stock equivalents primarily consist of employee stock options, unvested restricted stock, and restricted stock units (“Equity-based Incentive Awards”).

Potentially dilutive common shares from Equity-based Incentive Awards are determined by applying the treasury stock method to the assumed exercise of outstanding employee stock options, and the assumed vesting of outstanding unvested restricted stock and restricted stock units.  The following table presents the weighted-average number of common shares outstanding used in the calculation of basic and diluted income per share:
 
Three Months Ended June 30,
 
Six Months Ended June 30,
 
2012
 
2011
 
2012
 
2011
 
 
 
 
 
 
 
 
Weighted-average common shares outstanding - basic
47,944,193

 
40,994,082

 
46,155,846

 
38,104,500

Dilutive effect of Equity-based Incentive Awards
994,573

 
1,459,700

 
1,052,259

 
1,373,116

Weighted-average common shares outstanding - diluted
48,938,766

 
42,453,782

 
47,208,105

 
39,477,616

 
 

 
 

 
 

 
 
Anti-dilutive Equity-based Incentive Awards excluded from the computation of diluted income per share
54,260

 
37,760

 
34,260

 
69,960