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Computation of Earnings Per Share (Tables)
9 Months Ended
Sep. 30, 2012
Computation of Earnings Per Share [Abstract]  
Calculation of basic and diluted earnings per share

The calculation of basic and diluted earnings per share for the three and nine month periods ended September 30, 2012 and 2011 was as follows:

 

                                 
    For the three month period ended September 30     For the nine month period ended September 30  
    2012     2011     2012     2011  

Numerator

                               

Amount attributable to PLPC shareholders

                               

Net income attributable to PLPC

  $ 9,284     $ 6,660     $ 24,013     $ 22,044  
   

 

 

   

 

 

   

 

 

   

 

 

 

Denominator

                               

Determination of shares

                               

Weighted-average common shares outstanding

    5,319       5,253       5,328       5,263  

Dilutive effect - share-based awards

    112       128       104       123  
   

 

 

   

 

 

   

 

 

   

 

 

 

Diluted weighted-average common shares outstanding

    5,431       5,381       5,432       5,386  
   

 

 

   

 

 

   

 

 

   

 

 

 

Earnings per common share attributable to PLPC shareholders

                               

Basic

  $ 1.75     $ 1.27     $ 4.51     $ 4.19  
   

 

 

   

 

 

   

 

 

   

 

 

 

Diluted

  $ 1.71     $ 1.24     $ 4.42     $ 4.09