Earnings per Share

9 Months Ended

Sep. 30, 2018

Earnings Per Share [Abstract]

Earnings per Share

(6) Earnings per Share. The following details the computations of the basic and diluted earnings per common share (in thousands, except per share amounts):

	Three Months ended				Nine Months ended
	September 30,				September 30,
	2018		2017		2018		2017
Weighted average common shares
outstanding during the period
- shares used for basic
earnings per common share		10,062		10,004		10,037		9,967
Common shares issuable under
share based payment plans
which are potentially dilutive		73		62		73		68
Common shares used for diluted
earnings per common share		10,135		10,066		10,110		10,035
Net income attributable to the Company	$	2,224		25,391		123,766		28,547
Basic earnings per common share:
Basic	$	0.22		2.54		12.33		2.86
Diluted	$	0.22		2.52		12.24		2.84

For the three and nine months ended September 30, 2018, no shares attributable to outstanding stock options were excluded from the calculation of diluted earnings per share because their inclusion would have been anti-dilutive. For the three and nine months ended September 30, 2017, 13,610 and 22,422 shares attributable to outstanding stock options were excluded from the calculation of diluted earnings per share because their inclusion would have been anti-dilutive.