Earnings Per Share

3 Months Ended

Mar. 31, 2015

10.EARNINGS PER SHARE

The calculation of basic earnings per share considers only weighted average outstanding common shares in the computation. The calculation of diluted earnings per share gives effect to all potentially dilutive securities. The calculation of diluted earnings per share is based upon the weighted average number of common shares outstanding during the period, plus, if dilutive, the assumed exercise of stock options using the treasury stock method. Weighted average shares outstanding for the three months ended March 31, 2015 and 2014 were as follows:



	For the three months
	ended March 31,
Amounts in thousands	2015		2014
Weighted average common shares, basic		24,381		24,380
Dilutive effect of stock options		39		4
Weighted average common shares, diluted		24,420		24,384

The following stock options are anti-dilutive and have not been included in the weighted average shares outstanding calculation:



	For the three months
	ended March 31,
Amounts in thousands	2015		2014
Stock options		1,475		68

- Definition

The entire disclosure for earnings per share.

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