WEIGHTED AVERAGE SHARES OUTSTANDING

6 Months Ended

Jun. 30, 2017

Earnings Per Share [Abstract]

WEIGHTED AVERAGE SHARES OUTSTANDING

NOTE 12 – 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				For the Six Months
	Ended June 30,				Ended June 30,
(share data in thousands)	2017		2016		2017		2016
Average common shares outstanding		37,163		34,833		36,418		33,792
Common share equivalents:
Stock options		73		117		73		113
Nonvested restricted share grants		253		203		253		202
Average common shares outstanding, assuming dilution		37,489		35,153		36,744		34,107

For the three and six-month periods ended June 30, 2017 and 2016, there were no potential common shares with strike prices that would cause them to be anti-dilutive.