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Earnings Per Share
9 Months Ended
Sep. 30, 2016
Earnings Per Share [Abstract]  
Earnings Per Share [Text Block]
2.
Earnings Per Share
 
The following table sets forth the computation of earnings per share and diluted earnings per share:
 
 
 
Three Months Ended September 30,
 
Nine Months Ended September 30,
 
 
 
2016
 
2015
 
2016
 
2015
 
 
 
(In thousands, except per share amounts)
 
Numerator:
 
 
 
 
 
 
 
 
 
 
 
 
 
Net earnings attributable to Weyco Group, Inc.
 
$
4,600
 
$
5,526
 
$
8,287
 
$
11,199
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Denominator:
 
 
 
 
 
 
 
 
 
 
 
 
 
Basic weighted average shares outstanding
 
 
10,461
 
 
10,793
 
 
10,556
 
 
10,788
 
Effect of dilutive securities:
 
 
 
 
 
 
 
 
 
 
 
 
 
Employee stock-based awards
 
 
55
 
 
91
 
 
49
 
 
93
 
Diluted weighted average shares outstanding
 
 
10,516
 
 
10,884
 
 
10,605
 
 
10,881
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Basic earnings per share
 
$
0.44
 
$
0.51
 
$
0.79
 
$
1.04
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Diluted earnings per share
 
$
0.44
 
$
0.51
 
$
0.78
 
$
1.03
 
 
Diluted weighted average shares outstanding for the three months ended September 30, 2016, exclude anti-dilutive stock options totaling 1,232,000 shares of common stock at a weighted average price of $26.14. Diluted weighted average shares outstanding for the nine months ended September 30, 2016, exclude anti-dilutive stock options totaling 924,161 shares of common stock at a weighted average price of $26.78. Diluted weighted average shares outstanding for the three months ended September 30, 2015, exclude anti-dilutive stock options totaling 644,600 shares of common stock at a weighted average price of $27.76. Diluted weighted average shares outstanding for the nine months ended September 30, 2015, exclude anti-dilutive stock options totaling 648,220 shares of common stock at a weighted average price of $27.76