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Earnings Per Share | 6 Months Ended
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Jun. 30, 2019
Earnings Per Share [Abstract] |
Earnings Per Share | 7. Earnings Per Share Basic earnings per share (“EPS”) excludes dilution and is computed by dividing income available to common stockholders by the weighted average number of common shares outstanding for the period. Diluted EPS reflects the potential dilution that could occur if securities or other contracts to issue common stock were exercised or converted into common stock or resulted in the issuance of common stock that then shared in the earnings of the entity (such as the Company’s dilutive stock options and restricted stock units). The following is a reconciliation of basic and diluted EPS for the periods presented in the unaudited interim consolidated statements of income:
|  | Three Months Ended June 30, |
(In thousands, except per share data) |  | 2019 |  |  | 2018 |
Basic EPS: |  |  |  |  |  |
Weighted average common shares outstanding |  |  | 43,809 |  |  |  | 43,699 |
Net income available to common stockholders |  | $ | 30,555 |  |  | $ | 28,121 |
Basic EPS |  | $ | 0.70 |  |  | $ | 0.64 |
Diluted EPS: |  |  |  |  |  |  |  |
Weighted average common shares outstanding |  |  | 43,809 |  |  |  | 43,699 |
Dilutive effect of common stock options and restricted stock |  |  | 311 |  |  |  | 318 |
Weighted average common shares and common share equivalents |  |  | 44,120 |  |  |  | 44,017 |
Net income available to common stockholders |  | $ | 30,555 |  |  | $ | 28,121 |
Diluted EPS |  | $ | 0.69 |  |  | $ | 0.64 |
|  | Six Months Ended June 30, |
(In thousands, except per share data) |  | 2019 |  |  | 2018 |
Basic EPS: |  |  |  |  |  |
Weighted average common shares outstanding |  |  | 43,797 |  |  |  | 43,681 |
Net income available to common stockholders |  | $ | 59,682 |  |  | $ | 54,107 |
Basic EPS |  | $ | 1.36 |  |  | $ | 1.24 |
Diluted EPS: |  |  |  |  |  |  |  |
Weighted average common shares outstanding |  |  | 43,797 |  |  |  | 43,681 |
Dilutive effect of common stock options and restricted stock |  |  | 300 |  |  |  | 311 |
Weighted average common shares and common share equivalents |  |  | 44,097 |  |  |  | 43,992 |
Net income available to common stockholders |  | $ | 59,682 |  |  | $ | 54,107 |
Diluted EPS |  | $ | 1.35 |  |  | $ | 1.23 |
There were 1,500 stock options for the quarters ended June 30, 2019 and June 30, 2018, that were not considered in the calculation of diluted EPS since the stock options’ exercise price was greater than the average market price during these periods. There were 1,500 stock options for the six months ended June 30, 2019 and June 30, 2018, that were not considered in the calculation of diluted EPS since the stock options’ exercise price was greater than the average market price during these periods.

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- Definition The entire disclosure for earnings per share. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -URI http://asc.fasb.org/topic&trid=2144383 + Details
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