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EARNINGS PER SHARE
 12 Months Ended
Dec. 31, 2012
Earnings Per Share [Abstract]  
Earnings Per Share [Text Block]
16. EARNINGS PER SHARE

 

The following table sets forth the computations of basic and diluted earnings per share for the years ended December 31, 2012, 2011 and 2010:

 

    2012     2011     2010  
    (In thousands, except per share amounts)  
Numerator:                        
Net earnings attributable to Weyco Group, Inc.   $ 18,957     $ 15,251     $ 13,668  
                         
Denominator:                        
Basic weighted average shares outstanding     10,844       11,066       11,293  
Effect of dilutive securities:                        
Employee stock-based awards     106       93       200  
Diluted weighted average shares outstanding     10,950       11,159       11,493  
                         
Basic earnings per share   $ 1.75     $ 1.38     $ 1.21  
                         
Diluted earnings per share   $ 1.73     $ 1.37     $ 1.19  

 

Diluted weighted average shares outstanding for 2012 exclude antidilutive unvested restricted stock and outstanding stock options totaling 874,530 shares at a weighted average price of $24.26. Diluted weighted average shares outstanding for 2011 exclude antidilutive unvested restricted stock and outstanding stock options totaling 834,100 shares at a weighted average price of $24.83.