The calculation of basic earnings per share considers only weighted average outstanding common shares in the computation. The calculation of diluted earnings per share gives effect to all potentially dilutive stock options. The calculation of diluted earnings per share is based upon the weighted average number of common shares outstanding during the period, plus, if dilutive, the assumed exercise of stock options using the treasury stock method. Weighted average shares outstanding for the three months ended March 31, 2023 and 2022 were as follows:



	For the three months
	ended March 31,
Amounts in thousands	2023		2022
Weighted average common shares, basic		30,056		29,661
Dilutive effect of stock options		—		1,674
Weighted average common shares, diluted		30,056		31,335

The following stock options are anti-dilutive and have not been included in the weighted average shares outstanding calculation:



	For the three months
	ended March 31,
Amounts in thousands	2023		2022
Stock options		2,545		2,445