v2.4.0.8
EARNINGS PER SHARE (Tables)
6 Months Ended
Jun. 30, 2013
Earnings Per Share [Abstract]  
Computation of Basic and Diluted Net Earnings (Loss) Per Share

The following table sets forth the computation of basic and diluted net earnings (loss) per share:

 

     Quarters Ended  
     June 30,      June 30,  

In Thousands

   2013      2012  

Numerator:

     

Net income (loss)

   $ 15,502       $ 2,370   
  

 

 

    

 

 

 

Denominator:

     

Denominator for basic earnings per share – weighted average shares

     20,669         21,997   

Effect of dilutive securities:

     

Employee stock options

     69         40   
  

 

 

    

 

 

 

Denominator for diluted earnings per share – weighted average shares

     20,738         22,037   
  

 

 

    

 

 

 

 

 

     Six Months Ended  
     June 30,      June 30,  

In Thousands

   2013      2012  

Numerator:

     

Net income (loss)

   $ 21,897       $ 9,063   
  

 

 

    

 

 

 

Denominator:

     

Denominator for basic earnings per share – weighted average shares

     20,667         22,712   

Effect of dilutive securities:

     

Employee stock options

     69         45   
  

 

 

    

 

 

 

Denominator for diluted earnings per share – weighted average shares

     20,736         22,757