Share Information

3 Months Ended

Mar. 31, 2016

SHARE INFORMATION

Earnings per share have been calculated using the following share information:



	Quarters Ended March 31,
	2016	2015
Weighted average number of common shares used for basic EPS	35,488,580	37,309,829
Effect of dilutive stock options and restricted and deferred stock unit awards	—	231,720
Weighted average number of common shares and dilutive potential common stock used in dilutive EPS	35,488,580	37,541,549

The Company excluded 391,885 stock options and restricted and deferred stock units in the first quarter of 2016 from the diluted earnings per share calculation for the Company’s common stock because of the reported net loss for the period. The Company excluded 164,014 and 270,061 stock options for the quarters ended March 31, 2016 and 2015, 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.