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Earnings Per Share
6 Months Ended
Jun. 30, 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 June 30,

 

 

Six Months Ended June 30,

 

 

2019

 

 

2018

 

 

2019

 

 

2018

 

 

(In thousands)

 

Basic weighted average shares outstanding

 

37,049

 

 

 

36,950

 

 

 

37,046

 

 

 

36,952

 

Dilutive effect of stock options and restricted stock

 

861

 

 

 

912

 

 

 

825

 

 

 

922

 

Diluted weighted average shares outstanding

 

37,910

 

 

 

37,862

 

 

 

37,871

 

 

 

37,874

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Stock options and restricted stock totaling 232,043 shares and 19,984 shares for the three months ended June 30, 2019 and 2018, respectively, and 289,185 shares and 48,858 shares for the six months ended June 30, 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.