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EARNINGS PER SHARE
 12 Months Ended
Dec. 31, 2018
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, 2018 and 2017:
 
 
 
2018
 
 
2017
 
 
 
(In thousands, except per share amounts)
 
Numerator:
 
 
 
 
 
 
 
 
Net earnings attributable to Weyco Group, Inc.
 
$
20,484
 
 
$
16,491
 
 
 
 
 
 
 
 
 
 
Denominator:
 
 
 
 
 
 
 
 
Basic weighted average shares outstanding
 
 
10,168
 
 
 
10,253
 
Effect of dilutive securities:
 
 
 
 
 
 
 
 
Employee share-based awards
 
 
223
 
 
 
61
 
Diluted weighted average shares outstanding
 
 
10,391
 
 
 
10,314
 
 
 
 
 
 
 
 
 
 
Basic earnings per share
 
$
2.01
 
 
$
1.61
 
 
 
 
 
 
 
 
 
 
Diluted earnings per share
 
$
1.97
 
 
$
1.60
 
 
Diluted weighted average shares outstanding for 2018 exclude antidilutive share-based awards totaling 169,314 shares at a weighted average price of $30.38. Diluted weighted average shares outstanding for 2017 exclude antidilutive share-based awards totaling 759,916 shares at a weighted average price of $27.27.
 
Unvested restricted stock awards provide holders with dividend rights prior to vesting, however, such rights are forfeitable if the awards do not vest. As a result, unvested restricted stock awards are not participating securities and are excluded from the computation of earnings per share.