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Share Information
6 Months Ended
Jun. 30, 2017
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,

2017
 
2016
 
2017
 
2016
Weighted average number of common shares used for basic EPS
33,375,989

 
34,986,905

 
33,596,435

 
35,237,742

Effect of dilutive stock options and restricted and deferred stock unit awards
683,857

 
479,860

 
685,937

 

Weighted average number of common shares and dilutive potential common stock used in dilutive EPS
34,059,846

 
35,466,765

 
34,282,372

 
35,237,742


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 77,807 and 160,191 stock options for the quarters ended June 30, 2017 and 2016, respectively, and 77,807 and 160,191 stock options for the six months ended June 30, 2017 and 2016, 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.