(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, 2018 and 2017 is as follows:

(in thousands, except per share data)	Three months ended June 30,				Six months ended June 30,
	2018		2017		2018		2017
Net income	$	15,405		12,240	$	30,213		23,187
Weighted average common shares		96,449		96,003		96,401		95,944
Effect of dilutive common stock options		131		70		134		90
Weighted average common shares including potential dilutive shares		96,580		96,073		96,535		96,034
Basic EPS	$	0.160		0.127	$	0.313		0.242
Diluted EPS	$	0.160		0.127	$	0.313		0.241

For the three and six months ended June 30, 2018, there were no weighted average number of antidilutive stock options excluded from diluted earnings per share. For the three and six months ended June 30, 2017 the weighted average number of antidilutive stock options excluded from diluted earnings per share was approximately 412 thousand. 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.