v2.3.0.11
EPS
6 Months Ended
Jun. 30, 2011
Earnings Per Share Abstract  
Earnings Per Share Text Block

12.       NET INCOME PER COMMON SHARE

       Net income per common share is calculated as basic net income per share and diluted net income per share. Basic net income per share excludes dilution and is computed by dividing net income available to common shareholders by the weighted average number of common shares outstanding for the period. Diluted net income per share is computed in the same manner as basic net income after assuming issuance of common stock for all potentially dilutive equivalent shares, which includes the potential dilution that could occur: (1) if all the Company's outstanding stock options that are in-the-money were exercised (using the treasury stock method); (2) if the RSUs with service conditions were fully vested (using the treasury stock method); and (3) if the RSUs with service and market conditions were considered contingently issuable.

       For the periods indicated, the following tables present the computations of basic and diluted net income per share:

 Six Months Ended
 June 30, 2011 June 30, 2010
 (amounts in thousands, except share and per share data)
      Net Income      Net Income
 Net Income Shares Per Share Net Income Shares Per Share
Basic net income per common share:               
Net income$49,755 36,337,899 $ 1.37 $ 18,462 35,686,383 $ 0.52
Impact of equity awards    1,616,697        1,991,806   
Diluted net income per common share:               
Net income$49,755 37,954,596 $ 1.31 $ 18,462 37,678,189 $ 0.49

 Three Months Ended
 June 30, 2011 June 30, 2010
 (amounts in thousands, except share and per share data)
      Net Income      Net Income
 Net Income Shares Per Share Net Income Shares Per Share
Basic net income per common share:               
Net income$48,734 36,352,750 $ 1.34 $ 14,262 35,714,159 $ 0.40
Impact of equity awards    1,388,839        1,867,765   
Diluted net income per common share:               
Net income$48,734 37,741,589 $ 1.29 $ 14,262 37,581,924 $ 0.38

Incremental Shares Disclosure As Anti-Dilutive

 

       For the periods indicated, the following table provides the incremental shares excluded as they were anti-dilutive under the treasury stock method:

   Six Months Ended
   June 30,
Impact Of Equity Awards 2011  2010
   (amounts in thousands,
    except per share amounts)
         
Dilutive or anti-dilutive for all potentially dilutive equivalent shares: dilutive  dilutive
Excluded shares as anti-dilutive under the       
treasury stock method:       
 Options   54    66
 Price range of options: from $ 10.22  $ 11.01
 Price range of options: to $ 48.21  $ 48.21
 RSUs with service conditions   672    109
 RSUs with service and market conditions   200    -
 Total RSUs   872    109

   Three Months Ended
   June 30,
Impact Of Equity Awards 2011 2010
   (amounts in thousands,
   except per share data)
         
Dilutive or anti-dilutive for all potentially dilutive equivalent shares: dilutive dilutive
Excluded shares as anti-dilutive under the treasury stock method:       
 Options   54    33
 Price range of options: from $ 9.39  $ 12.50
 Price range of options: to $ 48.21  $ 48.21
 RSUs with service conditions   1,053    91
 RSUs with service and market conditions   200    -
 Total RSUs   1,253    91