EARNINGS PER SHARE

12 Months Ended

Dec. 31, 2018

Earnings per share on a basic and diluted basis has been adjusted to give retroactive recognition to stock dividends and is calculated as follows (in thousands, except per share amounts):



	Years Ended December 31,
	2018		2017		2016
Basic and Diluted Earnings:
Net Income	$	74,138	$	54,312	$	49,349
Basic weighted-average shares outstanding	34,951		29,841		27,118
Add: Stock awards	165		206		129
Diluted weighted-average shares outstanding	35,116		30,047		27,247
Basic Earnings Per Share:
Net Income	$	2.12	$	1.82	$	1.82
Diluted Earnings Per Share:
Net Income	$	2.11	$	1.81	$	1.81

For the year ended December 31, 2018, there were approximately 356,000 antidilutive options. For the years ended December 31, 2017 and 2016 there were approximately 154,000 and 359,000 antidilutive options, respectively.