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EARNINGS PER SHARE

The components of basic and diluted earnings per share for the years ended December 31, are as follows:


	2016		2015		2014
	(in thousands)
Weighted average outstanding shares of common stock, basic		15,663		15,566		15,483
Dilutive effect of unvested restricted stock units		—		76		202

Weighted average outstanding shares of common stock, diluted		15,663		15,642		15,685

For the year ended December 31, 2016, there were 24,468 unvested restricted stock units excluded from the weighted average outstanding shares of common stock, diluted as they were anti-dilutive to earnings per share.

There were no shares of stock that were anti-dilutive to earnings for the years ended December 31, 2015, and 2014.