Schedule Of Earnings Per Share Reconciliation |
A reconciliation of the components of basic and diluted net income per common share is presented in the table below:
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For the Three Months Ended June 30, |
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2012 |
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2011 |
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Income |
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Shares |
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Per
Share
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Income |
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Shares |
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Per
Share
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Basic: |
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Net income |
$ |
25,117,000 |
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55,656,274 |
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$ |
0.45 |
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$ |
27,265,000 |
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47,454,359 |
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$ |
0.57 |
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Effect of dilutive securities: |
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Stock options and restricted stock awards |
— |
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677,821 |
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— |
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444,306 |
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Diluted: |
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Net income |
$ |
25,117,000 |
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56,334,095 |
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$ |
0.45 |
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$ |
27,265,000 |
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47,898,665 |
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$ |
0.57 |
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For the Six Months Ended June 30, |
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2012 |
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2011 |
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2012 |
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Shares |
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Per
Share
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Income |
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Shares |
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Per
Share
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Basic: |
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Net income |
$ |
51,986,000 |
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55,641,241 |
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$ |
0.93 |
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$ |
48,439,000 |
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46,097,207 |
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$ |
1.05 |
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Effect of dilutive securities: |
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Stock options and restricted stock awards |
— |
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534,007 |
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— |
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451,207 |
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Diluted: |
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Net income |
$ |
51,986,000 |
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56,175,248 |
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$ |
0.93 |
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$ |
48,439,000 |
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46,548,414 |
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$ |
1.04 |
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