Quarterly report pursuant to Section 13 or 15(d)

Significant Accounting Policies (Policy)

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Significant Accounting Policies (Policy)
6 Months Ended
Jun. 30, 2011
Significant Accounting Policies  
Basis Of Presentation
Fair Values Of Financial Instruments
Earnings Per Share

Earnings Per Share

Earnings per common share is computed using the weighted average number of common shares outstanding during the period.

Common Stock Split

Common Stock Split

On July 30, 2010, our Board of Directors approved a three-for-two common stock split for shareholders of record as of the close of business on August 9, 2010. On August 23, 2010, those shareholders received one additional share of common stock for every two shares owned. In lieu of fractional shares, shareholders received a cash payment based on the average of the high and low sales price of the common stock on the record date.

 

All references in this report to shares outstanding, weighted average shares outstanding and earnings per share amounts have been restated retroactively to reflect this stock split.