Annual report pursuant to Section 13 and 15(d)

Earnings per Share (Tables)

v2.4.0.6
Earnings per Share (Tables)
 12 Months Ended
Dec. 31, 2012
Earnings Per Share [Abstract]  
Computation of Earnings Per Share, Basic and Diluted
A reconciliation of the basic and diluted net income per share computation is as follows (in thousands, except per share amounts):
 
For the year ended December 31,
 
2012
 
2011
 
2010
(a) Net income
$
2,747

 
$
106,396

 
$
8,386

 
 
 
 
 
 
(b) Weighted average shares outstanding
39,522

 
37,908

 
28,817

Dilutive impact of stock options
8

 
18

 
108

Dilutive impact of restricted stock
807

 
656

 
551

(c) Weighted average shares outstanding
 

 
 

 
 

         for diluted net income per share
40,337

 
38,582

 
29,476

 
 
 
 
 
 
Basic net income per share (a/b)
$
0.07

 
$
2.81

 
$
0.29

Diluted net income per share (a/c)
$
0.07

 
$
2.76

 
$
0.28

 
 
 
 
 
 
The following were excluded from the diluted EPS calculation because their effect would be anti-dilutive:
Stock options
52

 
67

 
122

Restricted stock
123

 
816

 
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