| 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 September 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 |
$ |
502,000 |
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55,692,664 |
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$ |
0.01 |
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$ |
29,009,000 |
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50,407,240 |
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$ |
0.58 |
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Effect of dilutive securities: |
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Stock options and restricted stock awards |
— |
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599,128 |
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— |
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498,722 |
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Diluted: |
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Net income |
$ |
502,000 |
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56,291,792 |
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$ |
0.01 |
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$ |
29,009,000 |
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50,905,962 |
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$ |
0.57 |
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For the Nine Months Ended September 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 |
$ |
52,488,000 |
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55,658,507 |
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$ |
0.94 |
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$ |
77,448,000 |
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47,549,672 |
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$ |
1.63 |
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Effect of dilutive securities: |
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Stock options and restricted stock awards |
— |
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516,074 |
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— |
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458,696 |
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Diluted: |
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Net income |
$ |
52,488,000 |
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56,174,581 |
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$ |
0.93 |
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$ |
77,448,000 |
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48,008,368 |
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$ |
1.61 |
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