Earnings Per Share

12 Months Ended

Dec. 31, 2017

Note 8 — Earnings Per Share

The Company’s diluted earnings per share give effect to all potential common shares outstanding during a period that do not have an anti-dilutive impact to the calculation. The following summarizes the shares included in the dilutive shares as disclosed in the statements of income:

	Year ended December 31,
	2017		2016		2015
Weighted average number of shares for calculation of basic EPS – Common Stock		36,720,749		36,448,138		36,031,792
Stock options under equity incentive plans		92,970		152,665		443,310
Weighted average number of shares for calculation of diluted EPS – Common Stock		36,813,719		36,600,803		36,475,102

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

	Year ended December 31,
	2017		2016		2015
Stock options outstanding for equity incentive plans		2,055,784		1,314,784		17,534

See Note 7 for information about the Company’s different equity incentive plans.