Earnings Per Share

3 Months Ended

Mar. 31, 2018

(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 months ended March 31, 2018 and 2017 is as follows:

(in thousands, except per share data)	For the three months ended March 31:
	2018		2017
Net income	$	14,808		10,947
Weighted average common shares		96,353		95,879
Stock Options		131		108
Weighted average common shares including potential dilutive shares		96,484		95,987
Basic EPS	$	0.154		0.114
Diluted EPS	$	0.153		0.114

For the three months ended March 31, 2018, there were no antidilutive stock options excluded from diluted earnings. For the three months ended March 31, 2017 the weighted average number of antidilutive stock options excluded from diluted earnings per share was approximately 553 thousand.