XML 57 R19.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Earnings Per Share
12 Months Ended
Dec. 31, 2019
Earnings Per Share [Abstract]  
Earnings Per Share

11. Earnings Per Share

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

 

 

Year Ended December 31,

 

 

2019

 

 

2018

 

 

2017

 

 

(In thousands)

 

Basic weighted average shares outstanding

 

37,083

 

 

 

36,958

 

 

 

36,864

 

Dilutive effect of stock options and restricted stock

 

873

 

 

 

897

 

 

 

1,174

 

Diluted weighted average shares outstanding

 

37,956

 

 

 

37,855

 

 

 

38,038

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Stock options and restricted stock totaling 146,822 shares, 83,718 shares and 31,766 shares for the years ended December 31, 2019, 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.