Quarterly report pursuant to Section 13 or 15(d)

Earnings Per Share

v2.3.0.15
Earnings Per Share
9 Months Ended
Sep. 30, 2011
Earnings Per Share [Abstract]  
Earnings Per Share

 

9.   EARNINGS PER SHARE

 

    For the Three Months Ended September 30,  
    2011     2010  
    Income     Shares     Per
Share
    Income     Shares     Per
Share
 

Basic:

           

Net income

  $ 29,009,000        50,407,240      $ 0.58      $ 12,678,000        44,571,478      $ 0.28   
     

 

 

       

 

 

 

Effect of dilutive securities:

           

Stock options and awards

    —          498,722          —          301,628     
 

 

 

   

 

 

     

 

 

   

 

 

   

Diluted:

           

Net income

  $ 29,009,000        50,905,962      $ 0.57      $ 12,678,000        44,873,106      $ 0.28   
 

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

 

    For the Nine Months Ended September 30,  
    2011     2010  
    Income     Shares     Per
Share
    Income     Shares     Per
Share
 

Basic:

           

Net income

  $ 77,448,000        47,549,672      $ 1.63      $ 33,048,000        43,612,468      $ 0.76   
     

 

 

       

 

 

 

Effect of dilutive securities:

           

Stock options and awards

    —          458,696          —          364,797     
 

 

 

   

 

 

     

 

 

   

 

 

   

Diluted:

           

Net income

  $ 77,448,000        48,008,368      $ 1.61      $ 33,048,000        43,977,265      $ 0.75   
 

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

There were no potential shares of common stock that were considered anti-dilutive during the three month and nine month periods ended September 30, 2011 and 2010.