Exhibit 11

STATEMENT OF COMPUTATION OF PER SHARE EARNINGS

The following computations set forth the calculation of basic and diluted net income per common share and common shares equivalents for the three-month periods ended March 31, 2006 and 2005:

 

     Three Months Ended March 31,
     2006    2005

Net income

   $ 20,137,442    $ 21,570,344
             

Weighted average number of common shares outstanding

     80,301,335      80,165,952
             

Net income per common share - Basic

   $ 0.25    $ 0.27
             
     Three Months Ended March 31,
     2006    2005

Net income

   $ 20,137,442    $ 21,570,344
             

Weighted average number of common shares outstanding

     80,301,335      80,165,952

Common share equivalents resulting from:

     

Dilutive stock options and restricted stock awards

     821,186      515,006
             

Adjusted weighted average number of common and common equivalent shares outstanding

     81,122,521      80,680,958
             

Net income per common share - Diluted

   $ 0.25    $ 0.27