Weighted-Average Number of Shares Used in Computing Earnings Per Share

3 Months Ended

Mar. 31, 2017

Earnings Per Share [Abstract]

Weighted-Average Number of Shares Used in Computing Earnings Per Share

Weighted-Average Number of Shares Used in Computing Earnings Per Share

The following table sets forth the weighted-average number of shares used in the computation of earnings per share:

	Three Months Ended March 31,
	2017	2016
	(In whole shares)
Weighted average basic shares outstanding	12,203,505	12,076,815
Plus: Dilutive impact of employee stock awards	278,874	139,777
Weighted average diluted shares outstanding	12,482,379	12,216,592

Outstanding stock options with exercise prices greater than the average price of the common shares are anti-dilutive and are excluded in the computation of diluted earnings per share. There were no anti-dilutive shares for the three-months ended March 31, 2017 and 2016.