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Earnings Per Share
3 Months Ended
Mar. 31, 2020
Earnings Per Share [Abstract]  
Earnings Per Share

9. 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,

 

 

2020

 

 

2019

 

 

(In thousands)

 

Basic weighted average shares outstanding

 

37,303

 

 

 

37,043

 

Dilutive effect of stock options and restricted stock

 

772

 

 

 

789

 

Diluted weighted average shares outstanding

 

38,075

 

 

 

37,832

 

 

 

 

 

 

 

 

 

 

Stock options and restricted stock totaling 62,964 shares and 346,327 shares for the three months ended March 31, 2020 and 2019, 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.