Quarterly report pursuant to Section 13 or 15(d)

Earnings per Share

 v2.3.0.11
Earnings per Share
 6 Months Ended
Jun. 30, 2011
Earnings Per Share [Abstract]  
Earnings per Share
Note 2 — Earnings per Share
          The following table sets forth the computation of basic and diluted earnings per share:
                                 
    Three Months Ended June 30,     Six Months Ended June 30,  
    2011     2010     2011     2010  
(a) Net income
  $ 19,877     $ 2,130     $ 24,041     $ 6,053  
 
                       
 
                               
(b) Weighted average shares outstanding
    39,225       28,762       36,485       28,750  
Dilutive impact of stock options
    22       196       24       117  
Dilutive impact of restricted stock
    597       625       682       539  
 
                       
 
                               
(c) Weighted average shares outstanding for diluted net income per share
    39,844       29,583       37,191       29,406  
 
                       
 
                               
Basic net income per share (a/b)
  $ 0.51     $ 0.07     $ 0.66     $ 0.21  
Diluted net income per share (a/c)
  $ 0.50     $ 0.07     $ 0.65     $ 0.21  
 
                               
The following were excluded from the diluted EPS calculation because their effect would be anti-dilutive:
 
                               
Stock options
    67       147       67       177  
Warrants
    0       365       0       365  
Restricted stock
    675       179       675       179