Earnings Per Share

9 Months Ended

Sep. 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”).  

(in thousands, except per share data)	For the three months ended September 30,				For the nine months ended September 30,
	2019		2018		2019		2018
Net income	$	14,708		15,199	$	43,933		45,412
Weighted average common shares		96,907		96,555		96,825		96,453
Stock Options		70		134		72		134
Weighted average common shares including potential dilutive shares		96,977		96,689		96,897		96,587
Basic EPS	$	0.152		0.157	$	0.454		0.471
Diluted EPS	$	0.152		0.157	$	0.453		0.470

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