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Earnings Per Share
9 Months Ended
Sep. 30, 2011
Earnings Per Share [Abstract] 
Earnings Per Share

(3)    Earnings per Share

 

In accordance with Financial Accounting Standards Board ("FASB") Accounting Standards Codification ("ASC") 260, Earnings per Share, basic income (loss) per share is based on 60,693,935 and 60,687,413 weighted average shares outstanding for the quarters ended September 30, 2011, and September 30, 2010, respectively, and 60,689,611 and 60,324,346 weighted average shares outstanding for the nine months ended September 30, 2011 and September 30, 2010, respectively. Diluted earnings per common share are computed by dividing income available to common shareholders by the weighted average number of shares of common stock outstanding during the period increased to include the number of additional shares of common stock that would have been outstanding if the dilutive potential shares of common stock had been issued. The dilutive effect of outstanding options is reflected in diluted earnings per share for the quarters ended and nine months ended September 30, 2011 and September 30, 2010.