Quarterly report pursuant to Section 13 or 15(d)

Earnings Per Share

v2.4.0.6
Earnings Per Share
 3 Months Ended
Mar. 31, 2012
Earnings Per Share [Abstract]  
Earnings Per Share
Earnings per Share

The following table sets forth the computation of basic and diluted earnings per share:
 
 
Three-Months Ended March 31,
 
 
2012
 
2011
(a) Net income
 
$
488

 
$
4,164

 
 
 
 
 
(b) Weighted average shares outstanding
 
39,351

 
33,744

Dilutive impact of stock options
 
20

 
28

Dilutive impact of restricted stock
 
883

 
767

(c) Weighted average shares outstanding for diluted net income per share
 
40,254

 
34,539

 
 
 
 
 
Basic net income per share (a/b)
 
$
0.01

 
$
0.12

Diluted net income per share (a/c)
 
$
0.01

 
$
0.12

 
 
 
 
 
The following were excluded from the diluted EPS calculation because their effect would be anti-dilutive:
Stock options
 
67

 
92