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Earnings Per Share (Tables)
3 Months Ended
Mar. 31, 2018
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,

 

 

2018

 

 

2017

 

Weighted average number of shares for calculation of basic EPS

 

36,766,411

 

 

 

36,619,825

 

Stock options under equity incentive plans

 

106,996

 

 

 

119,457

 

Weighted average number of shares for calculation of diluted EPS

 

36,873,407

 

 

 

36,739,282

 

 

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,

 

 

2018

 

 

2017

 

Stock options outstanding for equity incentive plans

 

1,914,150

 

 

 

1,859,618