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Earnings Per Share
3 Months Ended
Mar. 31, 2019
Earnings Per Share [Abstract]  
Earnings Per Share

 

8. Earnings Per Share

The following table sets forth basic and diluted weighted average shares outstanding used to compute earnings per share:

 

 

Three Months Ended March 31,

 

 

2019

 

 

2018

 

 

(In thousands)

 

Basic weighted average shares outstanding

 

37,043

 

 

 

36,954

 

Dilutive effect of stock options and restricted stock

 

789

 

 

 

932

 

Diluted weighted average shares outstanding

 

37,832

 

 

 

37,886

 

 

 

 

 

 

 

 

 

 

Stock options and restricted stock totaling 346,327 shares and 77,732 shares for the three months ended March 31, 2019 and 2018, 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.