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Earnings Per Share
 6 Months Ended
Jun. 30, 2012
Earnings Per Share [Abstract]  
Earnings Per Share
Note 12.
Earnings Per Share

The following are reconciliations of the earnings available to common stockholders and the shares used in calculating basic and dilutive net earnings per common share (in thousands, except per share data):

 
Three Months Ended
 
 
Six Months Ended
 
 
June 30,
 
 
June 30,
 
 
2012
 
 
2011
 
 
2012
 
 
2011
 
Basic Net Earnings Per Common Shares:
 
 
 
 
 
 
 
 
 
 
 
 
Earnings from continuing operations
 
$
13,721
 
 
$
13,693
 
 
$
19,215
 
 
$
20,704
 
Loss from discontinued operations
 
 
(317
)
 
 
(355
)
 
 
(617
)
 
 
(659
)
Net earnings available to common stockholders
 
$
13,404
 
 
$
13,338
 
 
$
18,598
 
 
$
20,045
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Weighted average common shares outstanding
 
 
22,873
 
 
 
22,867
 
 
 
22,870
 
 
 
22,787
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Net earnings from continuing operations per common share
 
$
0.60
 
 
$
0.60
 
 
$
0.84
 
 
$
0.91
 
Loss from discontinued operations per common share
 
 
(0.01
)
 
 
(0.02
)
 
 
(0.03
)
 
 
(0.03
)
Basic net earnings per common share
 
$
0.59
 
 
$
0.58
 
 
$
0.81
 
 
$
0.88
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Diluted Net Earnings Per Common Share:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Earnings from continuing operations
 
$
13,721
 
 
$
13,693
 
 
$
19,215
 
 
$
20,704
 
Interest income on debenture conversions (net of income tax expense)
 
 
 -
 
 
 
 40
 
 
 
 -
 
 
 
 317
 
Earnings from continuing operations plus assumed conversions
 
 
 13,721
 
 
 
 13,733
 
 
 
 19,215
 
 
 
 21,021
 
Loss from discontinued operations
 
 
(317
)
 
 
(355
)
 
 
(617
)
 
 
(659
)
Net earnings available to common stockholders plus assumed conversions
 
$
13,404
 
 
$
13,378
 
 
$
18,598
 
 
$
20,362
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Weighted average common shares outstanding
 
 
22,873
 
 
 
22,867
 
 
 
22,870
 
 
 
22,787
 
Plus incremental shares from assumed conversions:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Dilutive effect of restricted stock and performance stock
 
 
 229
 
 
 
 189
 
 
 
 234
 
 
 
 167
 
Dilutive effect of stock options
 
 
3
 
 
 
14
 
 
 
8
 
 
 
13
 
Dilutive effect of convertible debentures
 
 
-
 
 
 
126
 
 
 
-
 
 
 
471
 
Weighted average common shares outstanding -Diluted
 
 
 23,105
 
 
 
 23,196
 
 
 
 23,112
 
 
 
 23,438
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Net earnings from continuing operations per common share
 
$
0.59
 
 
$
0.59
 
 
$
0.83
 
 
$
0.90
 
Loss from discontinued operations per common share
 
 
(0.01
)
 
 
(0.01
)
 
 
(0.03
)
 
 
(0.03
)
Diluted net earnings per common share
 
$
0.58
 
 
$
0.58
 
 
$
0.80
 
 
$
0.87
 

The shares listed below were not included in the computation of diluted earnings per share because to do so would have been anti-dilutive for the periods presented or because they were excluded under the treasury method (in thousands):
 
 
Three Months Ended
 
 
Six Months Ended
 
 
June 30,
 
 
June 30,
 
 
2012
 
 
2011
 
 
2012
 
 
2011
 
Stock options
 
 
29
 
 
 
235
 
 
 
25
 
 
 
236
 
Restricted and performance shares
 
 
216
 
 
 
153
 
 
 
213
 
 
 
159