Annual report pursuant to Section 13 and 15(d)

Earnings Per Share

v2.4.0.6
Earnings Per Share
12 Months Ended
Dec. 31, 2012
Earnings Per Share [Abstract]  
Earnings Per Share
EARNINGS PER SHARE
A reconciliation of the components of basic and diluted net income per common share is presented in the table below:
 
 
2012
 
2011
 
2010
 
Income
 
Shares
 
Per
Share
 
Income
 
Shares
 
Per
Share
 
Income
 
Shares
 
Per
Share
Basic:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Net income 
$
68,371,000

 
55,933,354

 
$
1.22

 
$
108,422,000

 
48,754,840

 
$
2.22

 
$
47,363,000

 
43,863,190

 
$
1.08

Effect of dilutive securities:

 

 

 

 

 

 

 

 

Stock options and awards

 
484,134

 

 

 
452,123

 

 

 
392,902

 

Diluted:

 

 

 

 

 

 

 

 

Net income
$
68,371,000

 
56,417,488

 
$
1.21

 
$
108,422,000

 
49,206,963

 
$
2.20

 
$
47,363,000

 
44,256,092

 
$
1.07


There were no potential shares of common stock that were considered anti-dilutive for the years ended December 31, 2012, 2011 and 2010.