Earnings Per Share

9 Months Ended

Sep. 30, 2018

8. Earnings Per Share

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

	Three Months Ended September 30,				Nine Months Ended September 30,
	2018		2017		2018		2017
	(In thousands, except per share amounts)
Basic weighted average shares outstanding		36,951		36,865		36,952		36,856
Dilutive effect of stock options and restricted stock		877		1,154		907		1,213
Diluted weighted average shares outstanding		37,828		38,019		37,859		38,069

Stock options and restricted stock totaling 28,760 shares and 10,729 shares for the three months ended September 30, 2018 and 2017, respectively, and 42,159 shares and 40,485 shares for the nine months ended September 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.