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Earnings Per Share (Tables)
6 Months Ended
Jun. 30, 2019
Earnings Per Share [Abstract]  
Basic and Diluted Shares of Consolidated Condensed Statements of Income

The following summarizes the Common Stock included in the basic and diluted shares, as disclosed on the face of the consolidated condensed statements of income:

 

 

Three Months
Ended June 30,

 

 

Six Months
Ended June 30,

 

 

2019

 

 

2018

 

 

2019

 

 

2018

 

Weighted average number of shares for calculation of basic EPS

 

33,440,764

 

 

 

36,523,742

 

 

 

33,508,479

 

 

 

36,560,193

 

Stock options, restricted stock awards and restricted stock units under equity incentive plans

 

132,844

 

 

 

143,257

 

 

 

142,638

 

 

 

103,033

 

Weighted average number of shares for calculation of diluted EPS

 

33,573,608

 

 

 

36,666,999

 

 

 

33,651,117

 

 

 

36,663,226

 

Common Stock Issuable upon Exercise of Certain Stock Options

The following table represents Common Stock issuable upon the exercise of certain stock options that have been excluded from the diluted earnings calculation because the effect of their inclusion would be anti-dilutive.

 

 

Three Months
Ended June 30,

 

 

Six Months
Ended June 30,

 

 

2019

 

 

2018

 

 

2019

 

 

2018

 

Stock options outstanding for equity incentive plans

 

630

 

 

 

1,530

 

 

 

630

 

 

 

1,743