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Earnings Per Share
3 Months Ended
Mar. 31, 2017
Earnings Per Share [Abstract]  
Earnings Per Share [Text Block]
4.
Earnings Per Share
 
The following table sets forth the computation of basic and diluted earnings per share:
 
 
 
Three Months Ended March 31,
 
 
 
2017
 
2016
 
 
 
(In thousands, except per share amounts)
 
Numerator:
 
 
 
 
 
Net earnings attributable to Weyco Group, Inc.
 
$
2,217
 
$
2,687
 
 
 
 
 
 
 
 
 
Denominator:
 
 
 
 
 
 
 
Basic weighted average shares outstanding
 
 
10,435
 
 
10,657
 
Effect of dilutive securities:
 
 
 
 
 
 
 
Employee stock-based awards
 
 
63
 
 
36
 
Diluted weighted average shares outstanding
 
 
10,498
 
 
10,693
 
 
 
 
 
 
 
 
 
Basic earnings per share
 
$
0.21
 
$
0.25
 
 
 
 
 
 
 
 
 
Diluted earnings per share
 
$
0.21
 
$
0.25
 
 
Diluted weighted average shares outstanding for the three months ended March 31, 2017, exclude anti-dilutive stock options totaling 573,000 shares of common stock at a weighted average price of $27.45. Diluted weighted average shares outstanding for the three months ended March 31, 2016, exclude anti-dilutive stock options totaling 932,000 shares of common stock at a weighted average price of $27.09.