Earnings Per Common Share (EPS)

9 Months Ended

Sep. 30, 2018

Earnings Per Share, Basic and Diluted [Abstract]

Earnings Per Common Share (EPS)

Earnings Per Common Share (EPS). The computation of weighted average shares outstanding and the basic and diluted earnings per common share for the following periods consisted of the following (in thousands, except per share amounts):

	Three Months					Nine Months
	Net Income		Shares	Per Share Amount		Net Income		Shares	Per Share Amount
Period ended September 30, 2018:
Basic EPS	$	16,619	53,431	$	0.31	$	32,828	51,434	$	0.64
Effect of dilutive stock options and warrants			1,672					1,662
Diluted EPS	$	16,619	55,103	$	0.30	$	32,828	53,096	$	0.62
Stock options excluded from the calculation of common stock equivalents as the impact was anti-dilutive			667					462
Period ended September 30, 2017:
Basic EPS	$	(3,569)	50,150	$	(0.07)	$	20,717	48,332	$	0.43
Effect of dilutive stock options and warrants			1,449					1,223
Diluted EPS	$	(3,569)	51,599	$	(0.07)	$	20,717	49,555	$	0.42
Stock options excluded from the calculation of common stock equivalents as the impact was anti-dilutive			200					434