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Earnings per Share (Tables)
9 Months Ended
Sep. 30, 2015
Earnings Per Share [Abstract]  
Basic and Diluted Shares of Consolidated Condensed Statements of Income

The following summarizes the Common Stock included in the basic and diluted shares, as disclosed on the face of the consolidated condensed statements of income:

 

 

Three Months
Ended September 30,

 

 

Nine Months
Ended September 30,

 

 

2015

 

 

2014

 

 

2015

 

 

2014

 

Weighted average number of shares for calculation of basic EPS

 

36,110,360

 

 

 

35,522,407

 

 

 

35,951,430

 

 

 

35,317,359

 

Stock options under the 2006, 2011 and 2013 equity plans

 

371,351

 

 

 

748,873

 

 

 

438,612

 

 

 

625,452

 

Weighted average number of shares for calculation of diluted EPS

 

36,481,711

 

 

 

36,271,280

 

 

 

36,390,042

 

 

 

35,942,811

 

 

Common Stock Issuable upon Exercise of Certain Stock Options

The accompanying table represents Common Stock issuable upon the exercise of certain stock options that have been excluded from the diluted earnings calculation because the effect of their inclusion would be anti-dilutive.

 

 

Three Months
Ended September 30,

 

 

Nine Months
Ended September 30,

 

 

2015

 

 

2014

 

 

2015

 

 

2014

 

Stock options outstanding under the 2006, 2011 and 2013 Equity Incentive Plans

 

5,534

 

 

 

 

 

 

5,534

 

 

 

 

 

 

5,534

 

 

 

 

 

 

5,534