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Content analysis
?Positive | ||
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Uncertain | ||
Constraining | ||
Legalese | ||
Litigous | ||
Readability |
8th grade Avg
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Exhibit 11
Statement re Computation of Per Share Earnings
The composition of basic and diluted earnings per share was as follows for: | ||||||||||||
Year Ended December 31, | ||||||||||||
2010 | 2009 | 2008 | ||||||||||
Net income available to common stockholders | $ | 23,094,000 | $ | 16,992,000 | $ | 22,675,000 | ||||||
Weighted average number of common shares outstanding | 36,526,105 | 28,190,300 | 27,029,210 | |||||||||
Effect of warrants | 610,866 | 1,045,203 | 487,180 | |||||||||
Effect of stock options | 51,357 | 18,769 | 34,051 | |||||||||
Weighted average diluted number of common shares outstanding | 37,188,328 | 29,254,272 | 27,550,441 | |||||||||
Basic earnings per share | $ | 0.63 | $ | 0.60 | $ | 0.84 | ||||||
Diluted earnings per share | $ | 0.62 | $ | 0.58 | $ | 0.82 |