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Earnings per Share
 6 Months Ended
Jun. 30, 2017
Earnings Per Share [Abstract]  
Earnings per Share
Earnings per Share
The following reconciles shares outstanding for basic and diluted earnings per share for the three and six months ended June 30, 2017 and 2016 (in thousands):
 
 
Three Months Ended
June 30,
 
Six Months Ended
June 30,
 
2017
 
2016
 
2017
 
2016
Weighted average shares issued net of Treasury shares
32,500

 
22,861

 
32,410

 
20,083

Less: Unallocated ESOP shares
(315
)
 
(349
)
 
(319
)
 
(353
)
 Unallocated incentive award shares and shares held by deferred compensation plan
(63
)
 
(34
)
 
(77
)
 
(36
)
Average basic shares outstanding
32,122

 
22,478

 
32,014

 
19,694

Add: Effect of dilutive securities:
 
 
 
 
 
 
 
Stock options
999

 
382

 
1,080

 
282

Shares held by deferred compensation plan
17

 
20

 
17

 
20

Average diluted shares outstanding
33,138

 
22,880

 
33,111

 
19,996


For the three months ended June 30, 2017 and 2016, antidilutive stock options of 480,000 and 1,310,000, respectively, were excluded from earnings per share calculations. For the six months ended June 30, 2017 and 2016, antidilutive stock options of 200,000 and 1,317,000, respectively, were excluded from earnings per share calculations.