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Earnings Per Share
3 Months Ended
Mar. 31, 2017
Earnings Per Share [Abstract]  
Earnings Per Share

(12) Earnings Per Share:

Basic earnings per share are computed by dividing earnings available to common stockholders by the weighted average number of common shares outstanding during the period. Diluted earnings per share reflect per share amounts that would have resulted if dilutive potential common stock had been converted to common stock in gain periods. The following reconciles amounts reported in the financial statements:

 

     Three Months Ended March 31,  
     2017      2016  
     Net Income
(In 000’s)
     Weighted
Average
Number of
Shares
Outstanding
     Per Share
Amount
     Net Income
(In 000’s)
    Weighted
Average
Number of
Shares
Outstanding
     Per Share
Amount
 

Basic

   $ 22,297        2,283,011      $ 9.77      $ (1,860     2,295,177      $ (0.81

Effect of dilutive securities:

                

Options

     —          752,529           —         749,585     
  

 

 

    

 

 

       

 

 

   

 

 

    

Diluted (a)

   $ 22,297        3,035,540      $ 7.35      $ (1,860     3,044,762      $ (0.81
  

 

 

    

 

 

       

 

 

   

 

 

    

 

(a) The effect of the 767,500 outstanding stock options is antidilutive for the three months ended March 31, 2016 due to a net loss reported for the period.