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

 

 

Six Months Ended June 30,

 

 

2020

 

 

2019

 

 

2020

 

 

2019

 

 

(In thousands)

 

Basic weighted average shares outstanding

 

37,340

 

 

 

37,049

 

 

 

37,322

 

 

 

37,046

 

Dilutive effect of stock options and restricted stock

 

813

 

 

 

861

 

 

 

793

 

 

 

825

 

Diluted weighted average shares outstanding

 

38,153

 

 

 

37,910

 

 

 

38,115

 

 

 

37,871

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Stock options and restricted stock totaling 19,101 shares and 232,043 shares for the three months ended June 30, 2020 and 2019, respectively, and 41,033 and 289,185 shares for the six months ended June 30, 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.