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

(12) Earnings Per Share:

Basic earnings per share are computed by dividing earnings available to common stockholders by the weighted average number of common shares outstanding during the period. Diluted earnings per share reflect per share amounts that would have resulted if dilutive potential common stock had been converted to common stock in gain periods. The following reconciles amounts reported in the financial statements:

 

                                                 
    Six Months Ended June 30,  
    2012     2011  
    Net Income
(In 000’s)
    Weighted
Average
Number of
Shares
Outstanding
    Per Share
Amount
    Net Income
(In 000’s)
    Weighted
Average
Number of
Shares
Outstanding
    Per Share
Amount
 

Basic

  $ 8,746       2,664,934     $ 3.28     $ 821       2,767,124     $ 0.30  

Effect of dilutive securities:

                                               

Options

    —         733,265               —         734,671          
   

 

 

   

 

 

           

 

 

   

 

 

         

Diluted

  $ 8,746       3,398,199     $ 2.57     $ 821       3,501,795     $ 0.23  
   

 

 

   

 

 

           

 

 

   

 

 

         

 

                                                 
    Three Months Ended June 30,  
    2012     2011  
    Net Income
(In 000’s)
    Weighted
Average
Number of
Shares
Outstanding
    Per Share
Amount
    Net Income
(In 000’s)
    Weighted
Average
Number of
Shares
Outstanding
    Per Share
Amount
 

Basic

  $ 7,423       2,637,825     $ 2.81     $ 3,203       2,755,035     $ 1.16  

Effect of dilutive securities:

                                               

Options

    —         734,079               —         736,739          
   

 

 

   

 

 

           

 

 

   

 

 

         

Diluted

  $ 7,423       3,371,904     $ 2.20     $ 3,203       3,491,774     $ 0.92