Earnings Per Share

6 Months Ended

Jun. 30, 2018

8. Earnings Per Share

The following table sets forth the computation of basic and diluted earnings per common share:

	Three Months Ended June 30,				Six Months Ended June 30,
	2018		2017		2018		2017
	(In thousands, except per share amounts)
Basic weighted average shares outstanding		36,950		36,853		36,952		36,852
Dilutive effect of stock options and restricted stock		912		1,224		922		1,243
Diluted weighted average shares outstanding		37,862		38,077		37,874		38,095

Stock options and restricted stock totaling 19,984 shares and 50,817 shares for the three months ended June 30, 2018 and 2017, respectively, and 48,858 shares and 55,364 shares for the six months ended June 30, 2018 and 2017, respectively, were excluded from the computation of diluted earnings per share because their effect would have been antidilutive. The computation of diluted shares can vary among periods due, in part, to the change in the average price of the Company’s common stock.