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Earnings Per Share (Tables)
9 Months Ended
Sep. 30, 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 September 30,

 

 

Nine Months
Ended September 30,

 

 

2018

 

 

2017

 

 

2018

 

 

2017

 

Weighted average number of shares for calculation of basic EPS

 

36,103,520

 

 

 

36,742,168

 

 

 

36,364,380

 

 

 

36,713,294

 

Stock options, restricted stock awards and restricted stock units under equity incentive plans

 

344,642

 

 

 

62,908

 

 

 

105,379

 

 

 

117,919

 

Weighted average number of shares for calculation of diluted EPS

 

36,448,162

 

 

 

36,805,076

 

 

 

36,469,759

 

 

 

36,831,213

 

 

Common Stock Issuable upon Exercise of Certain Stock Options

The following 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,

 

 

2018

 

 

2017

 

 

2018

 

 

2017

 

Stock options under equity incentive plans

 

12,000

 

 

 

1,845,784

 

 

 

1,359,250

 

 

 

1,845,784