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Earnings Per Share
12 Months Ended
Dec. 31, 2017
Earnings Per Share [Abstract]  
Earnings Per Share

6.

EARNINGS PER SHARE

The following table sets forth the details of basic and diluted earnings per share (EPS):

 

 

Year ended December 31

 

 

In thousands, except per share

 

2017

 

 

 

2016

 

 

2015

 

 

Net income

$

7,914

 

 

 

$

21,554

 

 

$

64,575

 

 

Weighted average common shares

   outstanding used in basic EPS

 

43,609

 

 

 

 

43,558

 

 

 

43,397

 

 

Common shares issuable upon

   exercise of dilutive stock options

   and PSAs / RSUs

 

830

 

 

 

 

571

 

 

 

545

 

 

Weighted average common shares

   outstanding and common share

   equivalents used in diluted EPS

 

44,439

 

 

 

 

44,129

 

 

 

43,942

 

 

Earnings per share

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic

$

0.18

 

 

 

$

0.49

 

 

$

1.49

 

 

Diluted

 

0.18

 

 

 

 

0.49

 

 

 

1.47

 

 

 

The following table sets forth the potential common shares outstanding for stock options that were not included in the computation of diluted EPS for the period indicated, because their effect would be anti-dilutive:

 

 

Year ended December 31

 

 

In thousands

2017

 

 

 

2016

 

 

2015

 

 

Potential common shares

 

610

 

 

 

 

596

 

 

 

678