XML 48 R17.htm IDEA: XBRL DOCUMENT v2.4.0.6
Earnings Per Share
 9 Months Ended
Sep. 30, 2012
Earnings Per Share

11. 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 nine months ended September 30, 2012 and 2011:

 

     Three Months
Ended September 30,		      Nine Months
Ended September 30,		  
     2012      2011      2012      2011  
     (In thousands)      (In thousands)  

Basic weighted average common shares outstanding

      93,199         92,060         92,502         92,052   

Dilution effect of stock awards at end of period

      240         104         182         156   
  

 

 

     

 

 

     

 

 

     

 

 

  

Diluted weighted average common shares outstanding

      93,439         92,164         92,684         92,208   
  

 

 

     

 

 

     

 

 

     

 

 

  

Anti-dilutive stock-based compensation awards

      748         281         541         174