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Earnings Per Share
 6 Months Ended
Jun. 30, 2012
Earnings Per Share

10. Earnings Per Share

Basic earnings per share is computed by dividing income available to common stockholders by the weighted average number of shares outstanding for the periods presented. The calculation of diluted earnings per share includes the impact of potentially dilutive non-vested restricted shares outstanding during the periods presented, unless their effect is anti-dilutive. There are no adjustments made to income available to common stockholders in the calculation of diluted earnings per share.

The following is a calculation of the basic and diluted weighted-average shares outstanding for the three and six months ended June 30, 2012 and 2011:

 

     Three Months
Ended June 30,		      Six Months
Ended June 30,		  
     2012      2011      2012      2011  
     (In thousands)      (In thousands)  

Basic weighted average common shares outstanding

      92,176         92,048         92,153         92,047   

Dilution effect of stock awards at end of period

      46         103         186         130   
  

 

 

     

 

 

     

 

 

     

 

 

  

Diluted weighted average common shares outstanding

      92,222         92,151         92,339         92,177   
  

 

 

     

 

 

     

 

 

     

 

 

  

Anti-dilutive stock-based compensation awards

      634         272         397         173