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Earnings Per Share (EPS) (Tables)
9 Months Ended
Sep. 30, 2019
Earnings Per Share [Abstract]  
Schedule of Earnings Per Share, Basic and Diluted
The following table indicates the computation of basic and diluted earnings per share:
 
 
Three Months Ended
September 30,
 
Nine Months Ended
September 30,
(in thousands, except per share amounts)
 
2019
 
2018
 
2019
 
2018
Calculation of net income per share:
 
 
 
 
 
 
 
 
Net income
 
$
14,354

 
$
15,534

 
$
41,414

 
$
31,743

Basic weighted average shares outstanding
 
49,857

 
49,559

 
49,827

 
49,527

Basic net income per share
 
$
0.29

 
$
0.31

 
$
0.83

 
$
0.64

 
 
 
 
 
 
 
 
 
Effect of stock options outstanding:
 
 
 
 
 
 
 
 
Basic weighted average shares outstanding
 
49,857

 
49,559

 
49,827

 
49,527

Effect from dilutive shares and options outstanding
 
272

 
558

 
283

 
517

Diluted weighted average shares outstanding
 
50,129

 
50,117

 
50,110

 
50,044

Diluted net income per share
 
$
0.29

 
$
0.31

 
$
0.83

 
$
0.63


Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share The awards excluded because of their anti-dilutive effect were as follows:
 
 
Three Months Ended
September 30,
 
Nine Months Ended
September 30,
(in thousands)
 
2019
 
2018
 
2019
 
2018
Awards excluded from the computation of diluted net income per share because their inclusion would have been anti-dilutive
 
93

 
13

 
109

 
60