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Share Information
6 Months Ended
Jun. 30, 2016
Earnings Per Share [Abstract]  
Share Information
SHARE INFORMATION
Earnings per share have been calculated using the following share information:

Quarters Ended June 30,
 
Six Months Ended June 30,

2016
 
2015
 
2016
 
2015
Weighted average number of common shares used for basic EPS
34,986,905

 
36,468,374

 
35,237,742

 
36,886,777

Effect of dilutive stock options and restricted and deferred stock unit awards
479,860

 
314,797

 

 
266,394

Weighted average number of common shares and dilutive potential common stock used in dilutive EPS
35,466,765

 
36,783,171

 
35,237,742

 
37,153,171


The Company excluded 435,722 stock options and restricted and deferred stock units for the six months ended June 30, 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 160,191 and 164,014 stock options for the quarters ended June 30, 2016 and 2015, respectively, and 160,191 and 286,251 stock options for the six months ended June 30, 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.