(2) Earnings Per Share

The Company computes earnings per share in accordance with Financial Accounting Standards Board (“FASB”) Accounting Standards Codification (“ASC”) Topic 260, Earnings Per Share (“ASC 260”). A reconciliation of the component parts of earnings per share for the three and nine months ended September 30, 2017 and 2016 is as follows:

(in thousands, except per share data)	For the three months ended September 30:				For the nine months ended September 30:
	2017		2016		2017		2016
Net income	$	12,596		10,930	$	35,783		31,803
Weighted average common shares		96,102		95,603		95,997		95,486
Stock Options		103		119		94		86
Weighted average common shares including potential dilutive shares		96,205		95,722		96,091		95,572

Basic EPS	$	0.131		0.114	$	0.373		0.333

Diluted EPS	$	0.131		0.114	$	0.372		0.333

For the three and nine months ended September 30, 2017, the weighted average number of antidilutive stock options excluded from diluted earnings per share was approximately 995 thousand and 1.4 million. For the three and nine months ended September 30, 2016 the weighted average number of antidilutive stock options excluded from diluted earnings per share was approximately 1.6 million. The stock options are antidilutive because the strike price is greater than the average fair value of the Company’s common stock for the periods presented.