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Earnings Per Share
6 Months Ended
Jun. 30, 2017
Earnings Per Share [Abstract]  
Earnings Per Share

NOTE 3.

Earnings Per Share

The following is a reconciliation of our earnings per share (in thousands, except for per share data):

 

 

Three Months Ended, June 30,

 

 

Six Months Ended, June 30,

 

 

2017

 

 

2016

 

 

2017

 

 

2016

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income for basic and diluted earnings per share

$

9,542

 

 

$

20,671

 

 

$

19,876

 

 

$

38,637

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average shares outstanding - basic

 

33,220

 

 

 

33,944

 

 

 

33,213

 

 

 

34,541

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Dilutive effect of  stock options and restricted stock

 

42

 

 

 

83

 

 

 

105

 

 

 

34

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average shares outstanding - diluted

 

33,262

 

 

 

34,027

 

 

 

33,318

 

 

 

34,575

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Earnings per share - basic

$

0.29

 

 

$

0.61

 

 

$

0.60

 

 

$

1.12

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Earnings per share - diluted

$

0.29

 

 

$

0.61

 

 

$

0.60

 

 

$

1.12