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Share Information
9 Months Ended
Sep. 30, 2015
Earnings Per Share [Abstract]  
Share Information
SHARE INFORMATION
Earnings per share have been calculated using the following share information:

Quarters Ended 
 September 30,
 
Nine Months Ended 
 September 30,

2015
 
2014
 
2015
 
2014
Weighted average number of common shares used for basic EPS
36,245,193

 
37,406,061

 
36,670,565

 
37,752,472

Effect of dilutive stock options and restricted and deferred stock unit awards
336,636

 

 
290,021

 
360,317

Weighted average number of common shares and dilutive potential common stock used in dilutive EPS
36,581,829

 
37,406,061

 
36,960,586

 
38,112,789


The Company excluded 270,190 and 200,665 stock options for the quarters ended September 30, 2015 and 2014, respectively, and 280,552 and 200,665 stock options for the nine-month periods ended September 30, 2015 and 2014, respectively, from the diluted earnings per share calculations for the Company’s common stock because they were anti-dilutive as their exercise prices were greater than the average market price of common shares for each period. The Company excluded 312,091 stock options and restricted and deferred stock units for the quarter ended September 30, 2014 from the diluted earnings per share calculation for the Company’s common stock because of the reported net loss for the quarter.