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Shares Outstanding and Earnings Per Share
 3 Months Ended
Mar. 31, 2012
Earnings Per Share [Abstract]  
Shares Outstanding and Earnings Per Share
(13) Shares Outstanding and Earnings Per Share:

Earnings per share have been calculated based on the weighted average number of shares outstanding as set forth below:

 

                 
    Three Months Ended
March 31,		  
    2012     2011  

(in thousands, except per share data)

                

Weighted average basic shares outstanding

     10,988       10,935  

Assumed exercise of stock options and issuance of stock awards

     9       10  
   

 

 

    

 

 

  

Weighted average diluted shares outstanding

     10,997       10,945  
   

 

 

    

 

 

  

Net income

   $ 6,230     $ 10,323  

Basic earnings per share

   $ 0.57     $ 0.94  
   

 

 

    

 

 

  

Diluted earnings per share

   $ 0.57     $ 0.94  
   

 

 

    

 

 

  

Anti-dilutive securities outstanding

     225       163