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Earnings Per Share
9 Months Ended
Sep. 30, 2014
Earnings Per Share [Abstract]  
Earnings Per Share [Text Block]
3.
Earnings Per Share
 
The following table sets forth the computation of earnings per share and diluted earnings per share:
 
 
 
Three Months Ended September 30,
 
Nine Months Ended September 30,
 
 
 
2014
 
2013
 
2014
 
2013
 
 
 
(In thousands, except per share amounts)
 
Numerator:
 
 
 
 
 
 
 
 
 
 
 
 
 
Net earnings attributable to Weyco Group, Inc.
 
$
5,518
 
$
5,392
 
$
10,930
 
$
10,797
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Denominator:
 
 
 
 
 
 
 
 
 
 
 
 
 
Basic weighted average shares outstanding
 
 
10,775
 
 
10,786
 
 
10,810
 
 
10,770
 
Effect of dilutive securities:
 
 
 
 
 
 
 
 
 
 
 
 
 
Employee stock-based awards
 
 
95
 
 
87
 
 
92
 
 
70
 
Diluted weighted average shares outstanding
 
 
10,870
 
 
10,873
 
 
10,902
 
 
10,840
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Basic earnings per share
 
$
0.51
 
$
0.50
 
$
1.01
 
$
1.00
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Diluted earnings per share
 
$
0.51
 
$
0.50
 
$
1.00
 
$
1.00
 
 
Diluted weighted average shares outstanding for the three and nine months ended September 30, 2014, exclude anti-dilutive unvested restricted stock and outstanding stock options totaling 681,600 shares of common stock at a weighted average price of $27.74. Diluted weighted average shares outstanding for the three and nine months ended September 30, 2013, exclude anti-dilutive stock options totaling 218,075 shares of common stock at a weighted average price of $27.50.