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Earnings per Share (Tables)
3 Months Ended
Mar. 31, 2016
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 March 31,

 

 

2016

 

 

2015

 

Weighted average number of shares for calculation of basic EPS

 

36,356,973

 

 

 

35,769,190

 

Stock options under equity incentive plans

 

193,890

 

 

 

475,505

 

Weighted average number of shares for calculation of diluted EPS

 

36,550,863

 

 

 

36,244,695

 

 

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 March 31,

 

 

2016

 

 

2015

 

Stock options outstanding for equity incentive plans

 

1,062,534