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Earnings (Loss) Per Share
9 Months Ended
Sep. 30, 2016
Earnings Per Share [Abstract]  
Earnings (Loss) Per Share
16.
Earnings (Loss) Per Share
The computations of Basic and Diluted Earnings (Loss) per Share were as follows:
 
Three Months Ended
 
Nine Months Ended
 
September 30
 
September 30
 
2016
 
2015
 
2016
 
2015
Numerator:
 
 
 
 
 
 
 
Net Earnings (Loss)
$
11,477

 
$
(951
)
 
$
31,244

 
$
18,892

Denominator:
 
 
 
 
 
 
 
Basic - Weighted Average Shares Outstanding
17,498,808

 
17,941,171

 
17,516,941

 
18,139,314

Effect of dilutive securities:
 
 
 
 
 
 
 
Share-based compensation plans
474,398

 

 
438,558

 
478,717

Diluted - Weighted Average Shares Outstanding
17,973,206

 
17,941,171

 
17,955,499

 
18,618,031

Basic Earnings (Loss) per Share
$
0.66

 
$
(0.05
)
 
$
1.78

 
$
1.04

Diluted Earnings (Loss) per Share
$
0.64

 
$
(0.05
)
 
$
1.74

 
$
1.01

 
Excluded from the dilutive securities shown above were options to purchase 313,711 and 746,206 shares of Common Stock during the three months ended September 30, 2016 and 2015, respectively. Excluded from the dilutive securities shown above were options to purchase 382,075 and 242,874 shares of Common Stock during the nine months ended September 30, 2016 and 2015, respectively. These exclusions were made if the exercise prices of the options are greater than the average market price of our Common Stock for the period, if the number of shares we can repurchase under the treasury stock method exceeds the weighted average shares outstanding in the options or if we have a net loss, as these effects are anti-dilutive.