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Earnings Per Share
 6 Months Ended
Jun. 30, 2022
Earnings Per Share  
Earnings Per Share

4.    Earnings Per Share

The following table sets forth the computation of basic and diluted earnings per share:

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Three Months Ended June 30,

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Six Months Ended June 30,

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2022

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2021

    

2022

    

2021

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(In thousands, except per share amounts)

Numerator:

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Net earnings

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$

4,495

​

$

3,820

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$

8,548

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$

5,145

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Denominator:

 

 

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Basic weighted average shares outstanding

 

 

9,549

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9,654

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9,572

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9,667

Effect of dilutive securities:

 

 

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​

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Employee share-based awards

 

 

115

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32

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83

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19

Diluted weighted average shares outstanding

 

 

9,664

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9,686

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9,655

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9,686

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Basic earnings per share

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$

0.47

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$

0.39

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$

0.89

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$

0.53

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Diluted earnings per share

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$

0.47

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$

0.39

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$

0.89

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$

0.53

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Diluted weighted average shares outstanding for the three months ended June 30, 2022, excluded anti-dilutive stock options totaling 483,000 shares of common stock at a weighted average exercise price of $28.73. Diluted weighted average shares outstanding for the six months ended June 30, 2022, excluded anti-dilutive stock options totaling 704,000 shares of common stock at a weighted average exercise price of $27.99. Diluted weighted average shares outstanding for the three months ended June 30, 2021, excluded anti-dilutive stock options totaling approximately 937,000 shares of common stock at a weighted average exercise price of $26.83. Diluted weighted average shares outstanding for the six months ended June 30, 2021, excluded anti-dilutive stock options totaling 1,048,000 shares of common stock at a weighted average exercise price of $25.85.