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NET EARNINGS PER SHARE
6 Months Ended
Jun. 30, 2018
NET EARNINGS PER SHARE [Abstract]  
NET EARNINGS PER SHARE
NOTE 9 – NET EARNINGS PER SHARE

The following presents a reconciliation of the net earnings and shares used in calculating basic and diluted net earnings per share:

 
 
Three months ended June 30, 2018
 
Net
Earnings
(Numerator)
  
Number of
Shares
(Denominator)
  
Per Share
Amount
 
Basic EPS – Net earnings and weighted average common shares outstanding
 
$
19,679
   
32,077,353
  
$
.61
 
             
Effect of dilutive securities – stock options, restricted stock, and performance shares
      
360,366
     
             
Diluted EPS – Net earnings and weighted average common shares outstanding and effect of stock options, restricted stock, and performance shares
 
$
19,679
   
32,437,719
  
$
.61
 
 
 
 
Three months ended June 30, 2017
 
Net
Earnings
(Numerator)
  
Number of
Shares
(Denominator)
  
Per Share
Amount
 
Basic EPS – Net earnings and weighted average common shares outstanding
 
$
16,536
   
31,798,773
  
$
.52
 
             
Effect of dilutive securities – stock options, restricted stock, and performance shares
      
403,782
     
             
Diluted EPS – Net earnings and weighted average common shares outstanding and effect of stock options, restricted stock, and performance shares
 
$
16,536
   
32,202,555
  
$
.51
 
 
 
 
Six months ended June 30, 2018
 
Net
Earnings
(Numerator)
  
Number of
Shares
(Denominator)
  
Per Share
Amount
 
Basic EPS – Net earnings and weighted average common shares outstanding
 
$
39,025
   
32,031,342
  
$
1.22
 
             
Effect of dilutive securities – stock options, restricted stock, and performance shares
      
346,324
     
             
Diluted EPS – Net earnings and weighted average common shares outstanding and effect of stock options, restricted stock, and performance shares
 
$
39,025
   
32,377,666
  
$
1.21
 

Six months ended June 30, 2017
 
Net
Earnings
(Numerator)
  
Number of
Shares
(Denominator)
  
Per Share
Amount
 
Basic EPS – Net earnings and weighted average common shares outstanding
 
$
32,053
   
31,752,489
  
$
1.01
 
             
Effect of dilutive securities – stock options, restricted stock, and performance shares
      
442,563
     
             
Diluted EPS – Net earnings and weighted average common shares outstanding and effect of stock options, restricted stock, and performance shares
 
$
32,053
   
32,195,052
  
$
1.00
 

The Company had stock options covering 190,590 and 230,108 shares at June 30, 2018 and 2017, respectively, that could potentially dilute basic earnings per share in future periods that were not included in diluted earnings per share because their effect on the period presented was anti-dilutive.