Earnings Per Share

9 Months Ended

Sep. 30, 2013

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, 2013 and 2012:



	Three Months Ended September 30,		Nine Months Ended September 30,
	2013	2012	2013	2012
	(In thousands)
Basic weighted average common shares outstanding	92,449	92,186	92,408	92,164
Dilution effect of stock awards at end of period	387	230	430	179
Diluted weighted average common shares outstanding	92,836	92,416	92,838	92,343
Anti-dilutive stock-based compensation awards	789	748	719	541

- Definition

The entire disclosure for earnings per share.

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