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 six-month and three-month periods ended June 30, 2006 and 2005:

 

     Six Months Ended June 30,    Three Months Ended June 30,
     2006    2005    2006    2005

Net income

   $ 45,645,890    $ 50,125,505    $ 25,508,448    $ 28,555,161
                           

Weighted average number of common shares outstanding

     80,315,256      80,124,054      80,325,375      80,082,617
                           

Net income per common share - Basic

   $ 0.57    $ 0.63    $ 0.32    $ 0.36
                           
     Six Months Ended June 30,    Three Months Ended June 30,
     2006    2005    2006    2005

Net income

   $ 45,645,890    $ 50,125,505    $ 25,508,448    $ 28,555,161
                           

Weighted average number of common shares outstanding

     80,315,256      80,124,054      80,325,375      80,082,617

Common share equivalents resulting from:

           

Dilutive stock options and restricted stock awards

     816,727      485,297      853,835      455,995
                           

Adjusted weighted average number of common and common equivalent shares outstanding

     81,131,983      80,609,351      81,179,210      80,538,612
                           

Net income per common share - Diluted

   $ 0.56    $ 0.62    $ 0.31    $ 0.35