Earnings Per Share

3 Months Ended

Mar. 31, 2019

(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, 2019 and 2018 is as follows:

(in thousands, except per share data)	For the three months ended March 31,
	2019		2018
Net income	$	14,558		14,808
Weighted average common shares		96,744		96,353
Stock Options		78		131
Weighted average common shares including potential dilutive shares		96,822		96,484

Basic EPS	$	0.150		0.154

Diluted EPS	$	0.150		0.153

For the three months ended March 31, 2019 and 2018, there were no antidilutive stock options excluded from diluted earnings.