Numerator:

Net income

$

2,226

$

3,754

$

13,747

$

21,289

Denominator:

Basic earnings per common share - weighted-average shares

81,520

81,437

81,508

81,389

Effect of dilutive stock options

7

55

8

71

Diluted earnings per common share - weighted-average shares and assumed conversions

81,527

81,492

81,516

81,460

Basic earnings per common share

$

0.03

$

0.05

$

0.17

$

0.26

Diluted earnings per common share

$

0.03

$

0.05

$

0.17

$

0.26