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EARNINGS PER SHARE | 12 Months Ended
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Dec. 31, 2019
EARNINGS PER SHARE |
EARNINGS PER SHARE | 17. EARNINGS PER SHARE The following table sets forth the computations of basic and diluted earnings per share for the years ended December 31, 2019 and 2018:
|  | 2019 |  | 2018
|  | (In thousands, except per share amounts)
Numerator: |  |  |  |  |  |
Net earnings attributable to Weyco Group, Inc. |  | $ | 20,882 |  | $ | 20,484
Denominator: |  |  |  |  |  |
Basic weighted average shares outstanding |  |  | 9,904 |  |  | 10,168
Effect of dilutive securities: |  |  |  |  |  |
Employee share-based awards |  |  | 49 |  |  | 223
Diluted weighted average shares outstanding |  |  | 9,953 |  |  | 10,391
Basic earnings per share |  | $ | 2.11 |  | $ | 2.01
Diluted earnings per share |  | $ | 2.10 |  | $ | 1.97
Diluted weighted average shares outstanding for 2019 exclude antidilutive share-based awards totaling 825,080 shares at a weighted average price of $27.98. Diluted weighted average shares outstanding for 2018 exclude antidilutive share-based awards totaling 169,314 shares at a weighted average price of $30.38. 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.

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- Definition The entire disclosure for earnings per share. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -URI http://asc.fasb.org/topic&trid=2144383 + Details
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