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Earnings per Common Share (Tables)
3 Months Ended
Mar. 31, 2018
Earnings Per Share [Abstract]  
Reconciliation of Number of Common Shares Used in Calculating Basic and Diluted Net Earnings per Share
The following table reconciles the number of common shares used in calculating the basic and diluted net earnings per share:
 
Three Months Ended March 31,
 
2018
 
2017
Basic average common shares outstanding1
16,476,011

 
16,484,069

Incremental shares due to:
 
 
 
Restricted stock units
27,261

 
37,494

Performance shares
65,469

 
72,124

Stock options
8,670

 
48,688

Diluted average common shares outstanding
16,577,411

 
16,642,375

 
 
 
 
Basic net earnings per common share
$
0.16

 
$
0.46

Diluted net earnings per common share
0.16

 
0.45

 
 
 
 
Anti-dilutive shares excluded from calculation
558,319

 
355,305

1 
Basic average common shares outstanding include restricted stock awards that are fully vested, but are deferred for future issuance.