Earnings Per Share

6 Months Ended

Jun. 30, 2019

Earnings Per Share [Abstract]

Earnings Per Share

(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 six months ended June 30, 2019 and 2018 is as follows:

(in thousands, except per share data)	For the three months ended June 30,				For the six months ended June 30,
	2019		2018		2019		2018
Net income	$	14,667		15,405	$	29,225		30,213
Weighted average common shares		96,822		96,449		96,784		96,401
Stock Options		69		131		73		134
Weighted average common shares including potential dilutive shares		96,891		96,580		96,857		96,535
Basic EPS	$	0.152		0.160	$	0.302		0.313
Diluted EPS	$	0.151		0.160	$	0.302		0.313

For the three and six months ended June 30, 2019 and 2018, there were no antidilutive stock options excluded from diluted earnings per share.