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Earnings Per Share
9 Months Ended
Sep. 30, 2020
Earnings Per Share [Abstract]  
Earnings Per Share

10. Earnings Per Share

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

 

 

Three Months Ended September 30,

 

 

Nine Months Ended September 30,

 

 

2020

 

 

2019

 

 

2020

 

 

2019

 

 

(In thousands)

 

Basic weighted average shares outstanding

 

37,386

 

 

 

37,066

 

 

 

37,343

 

 

 

37,053

 

Dilutive effect of stock options and restricted stock

 

774

 

 

 

929

 

 

 

786

 

 

 

860

 

Diluted weighted average shares outstanding

 

38,160

 

 

 

37,995

 

 

 

38,129

 

 

 

37,913

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Stock options and restricted stock totaling 753 shares and 5,646 shares for the three months ended September 30, 2020 and 2019, respectively, and 27,606 and 194,672 shares for the nine months ended September 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.