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Earnings Per Share
6 Months Ended
Jun. 30, 2020
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, 2020 and 2019 is as follows:

(in thousands, except per share data)
 
For the three months ended
June 30,
   
For the six months ended
June 30,
 
   
2020
   
2019
   
2020
   
2019
 
                         
Net income
 
$
11,254
     
14,667
   
$
24,567
     
29,225
 
Weighted average common shares
   
96,433
     
96,822
     
96,580
     
96,784
 
Stock Options
   
4
     
69
     
13
     
73
 
Weighted average common shares including potential dilutive shares
   
96,437
     
96,891
     
96,593
     
96,857
 
                                 
Basic EPS
 
$
0.117
     
0.152
   
$
0.254
     
0.302
 
                                 
Diluted EPS
 
$
0.117
     
0.151
   
$
0.254
     
0.302
 

For the three and six months ended June 30, 2020 and 2019 the weighted average antidilutive stock options excluded from dilutive earnings were approximately 452 thousand and -0-, respectively. 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.