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Earnings Per Share
3 Months Ended
Mar. 31, 2018
Earnings Per Share  
Earnings Per Share

(13) Earnings Per Share

 

The following is a reconciliation of the basic and diluted earnings per share computations (amounts in thousands, except per share amounts):

 

 

 

 

 

 

 

 

 

 

 

 

    

March 31, 

 

 

 

2018

    

2017

    

Net income for basic and diluted income per share

    

$

4,377

    

$

5,302

 

Shares of common stock and common stock equivalents:

 

 

 

 

 

 

 

Average common shares used in basic computation

 

 

32,890

 

 

32,949

 

Effect of dilutive securities

 

 

1,103

 

 

1,181

 

Average common shares used in diluted computation

 

 

33,993

 

 

34,130

 

Income per share:

 

 

 

 

 

 

 

Basic

 

$

0.13

 

$

0.16

 

Diluted

 

$

0.13

 

$

0.16

 

 

 

For the periods ended March 31, 2018 and March 31, 2017, approximately 0.3 million and 0.2 million average shares, respectively, were anti-dilutive and thus not included in the computation of diluted EPS.