Earnings Per Share

6 Months Ended

Jun. 30, 2016

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 stock options. 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 and six months ended June 30, 2016 and 2015 were as follows:



	For the three months				For the six months
	ended June 30,				ended June 30,
Amounts in thousands	2016		2015		2016		2015
Weighted average common shares, basic		24,432		24,386		24,445		24,384
Dilutive effect of stock options		116		42		171		40
Weighted average common shares, diluted		24,548		24,428		24,616		24,424

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



	For the three months				For the six months
	ended June 30,				ended June 30,
Amounts in thousands	2016		2015		2016		2015
Stock options		60		1,469		35		1,469