WEIGHTED AVERAGE SHARES OUTSTANDING

3 Months Ended

Mar. 31, 2017

Earnings Per Share [Abstract]

WEIGHTED AVERAGE SHARES OUTSTANDING

NOTE 13 – WEIGHTED AVERAGE SHARES OUTSTANDING

Earnings per share have been computed based on the following weighted average number of common shares outstanding:

	For the Three Months Ended March 31,
(share data in thousands)	2017		2016
Average common shares outstanding		35,664		32,752
Common share equivalents:
Stock options		120		114
Nonvested restricted share grants		256		188
Average common shares outstanding, assuming dilution		36,040		33,054

For the three-month periods ended March 31, 2017 and 2016, there were no potential common shares with strike prices that would cause them to be anti-dilutive.