Earnings Per Share

6 Months Ended

Jun. 30, 2016

11. Earnings Per Share

The following is a reconciliation of the shares used to compute basic and diluted earnings per share (in thousands):



	Three Months Ended		Six Months Ended
	June 30,		June 30,
	2016	2015	2016	2015
Weighted average number of common shares outstanding used to compute basic earnings per share	53,422	51,978	53,284	51,749
Dilutive effect of stock-based awards	489	655	499	686
Number of shares used to compute diluted earnings per share	53,911	52,633	53,783	52,435

During the six months ended June 30, 2016, there were 445,036 share equivalents outstanding that were excluded from the computation of diluted earnings per share because they were anti-dilutive when applying the treasury stock method. During the three months ended June 30, 2016, and the three and six months ended June 30, 2015 the amount of anti-dilutive share equivalents outstanding were insignificant.