Earnings per Share

The following table summarizes the composition of the weighted-average common shares (denominator) used in the basic and diluted earnings per share computation for the years ending December 31:



	2018		2017		2016
Weighted average common shares issued	113,914,902		111,809,880		105,563,455
Average treasury shares	(14,747,687	)	(16,463,079	)	(16,605,461	)
Average deferred compensation shares	(37,411	)	(37,411	)	—
Average unearned nonvested shares	(93,641	)	(89,334	)	(106,421	)
Weighted average common shares and common stock equivalents used to calculate basic earnings per share	99,036,163		95,220,056		88,851,573
Additional common stock equivalents (nonvested stock) used to calculate diluted earnings per share	149,939		73,570		—
Additional common stock equivalents (deferred compensation) used to calculated diluted earnings per share	37,411		37,411		—
Weighted average common shares and common stock equivalents used to calculate diluted earnings per share	99,223,513		95,331,037		88,851,573

The following table shows the number of shares and the price per share related to common stock equivalents that were not included in the computation of diluted earnings per share for the years ended December 31, because to do so would have been anti-dilutive.



	12/31/2018					12/31/2017					12/31/2016
		Price Range					Price Range					Price Range
	Shares	From		To		Shares	From		To		Shares	From		To
Restricted Stock	71,560	$	8.84	$	14.49	18,173	$	8.55	$	13.96	67,920	$	8.38	$	13.96