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Earnings Per Share

12 Months Ended

Dec. 31, 2019

Note 6 — Earnings Per Share

The Company’s diluted earnings per share give effect to all potential common shares outstanding during a period that do not have an anti-dilutive impact to the calculation. The following summarizes the shares included in the dilutive shares as disclosed in the consolidated statements of income:

	Year Ended December 31,
	2019		2018		2017
Weighted average number of shares for calculation of basic EPS – Common Stock		33,120,076		35,920,782		36,720,749
Stock options, restricted stock awards and restricted stock units under equity incentive plans		177,513		256,362		92,970
Weighted average number of shares for calculation of diluted EPS – Common Stock		33,297,589		36,177,144		36,813,719

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

	Year Ended December 31,
	2019		2018		2017
Stock options outstanding for equity incentive plans		214,000		898,250		2,055,784

See Note 18 for information about the Company’s different equity incentive plans.