v2.3.0.11

Earnings Per Common Share

6 Months Ended

Jun. 30, 2011

Earnings Per Share [Abstract]

Earnings Per Common Share

3. Earnings Per Common Share

     We report basic earnings per common share, which excludes the effect of potentially dilutive securities, and diluted earnings per common share, which includes the effect of all potentially dilutive securities unless their impact is antidilutive. The following table provides a reconciliation of the numerators and denominators of our basic and diluted earnings per share (dollars in thousands, except per-share amounts).

		Three Months Ended								Six Months Ended
		June 30,								June 30,
		2011				2010				2011				2010
Income (numerator):
Net income — basic		$	7,990			$	1,551			$	9,453			$	5,114
Weighted average shares (denominator):
Weighted average shares — basic			28,458,270				21,059,413				28,376,414				21,027,982
Dilution effect of share-based compensation, treasury method			229,187				124,918				239,233				126,665
Weighted average shares — diluted			28,687,457				21,184,331				28,615,647				21,154,647
Net income per share:
Basic		$	0.28			$	0.07			$	0.33			$	0.24
Diluted		$	0.28			$	0.07			$	0.33			$	0.24

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- Definition

This element may be used to capture the complete disclosure pertaining to an entity's earnings per share.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 128
-Paragraph 40

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