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Earnings per Share
3 Months Ended
Mar. 31, 2018
Earnings Per Share [Abstract]  
Earnings per Share
Earnings per Share
The following table summarizes the composition of the weighted-average common shares (denominator) used in the basic and diluted earnings per share computations:
 
For the Three Months Ended March 31,
 
2018
 
2017
Weighted average common shares issued
113,914,902

 
105,563,455

Average treasury stock shares
(16,369,144
)
 
(16,527,204
)
Average deferred compensation shares
(37,411
)
 

Average unearned nonvested shares
(75,210
)
 
(106,359
)
Weighted average common shares and common stock equivalents used to calculate basic earnings per share
97,433,137

 
88,929,892

Additional common stock equivalents (nonvested stock) used to calculate diluted earnings per share
130,614

 
57,779

Additional common stock equivalents (deferred compensation) used to calculate diluted earnings per share
37,411

 

Weighted average common shares and common stock equivalents used to calculate diluted earnings per share
97,601,162

 
88,987,671


The following table shows the number of shares and the price per share related to common stock equivalents that were not included in the computation of diluted earnings per share for the three months ended March 31 because to do so would have been antidilutive.
 
2018
 
2017
 
 
 
Price Range
 
 
 
Price Range
 
Shares
 
From
 
To
 
Shares
 
From
 
To
Restricted Stock
37,298

 
$
9.84

 
$
14.49

 
13,750

 
$
13.96

 
$
13.96

Restricted Stock Units
43,067

 
$
13.25

 
$
15.83

 
24,375

 
$
15.09

 
$
15.09