EARNINGS PER SHARE

12 Months Ended

Dec. 31, 2018

22. EARNINGS PER SHARE

The table below presents the information used to compute basic and diluted earnings per share for the years ended December 31, 2018, 2017 and 2016:



	Year Ended December 31,
	2018		2017		2016
	(In thousands, except per share data)
Net income	$	59,486	$	41,204	$	46,992

Weighted average shares outstanding for basic earnings per share	29,409,683		30,400,511		31,008,744
Add: Dilutive effect of employee stock options and awards	200,224		237,629		216,150
Weighted average shares outstanding for diluted earnings per share	29,609,907		30,638,140		31,224,894

Basic earnings per share	$	2.02	$	1.36	$	1.52
Diluted earnings per share	$	2.01	$	1.34	$	1.50

There were no potentially dilutive securities that have been excluded from the dilutive share calculation for the years ended December 31, 2018 and 2017, compared to 1,892 potentially dilutive securities that have been excluded from the dilutive share calculation for the year ended December 31, 2016, as their effect was anti-dilutive.