Annual report pursuant to Section 13 and 15(d)

Earnings Per Share (Tables)

v3.10.0.1
Earnings Per Share (Tables)
12 Months Ended
Dec. 31, 2018
Earnings Per Share [Abstract]  
Earnings Per Share Computations
Earnings per share computations are based upon the following table:
(In thousands, except per share data) 2018 2017 2016
Net Income $ 46,803  $ 19,679  $ 48,424 
Basic Earnings Weighted Average Shares 32,351  32,874  33,537 
Net Effect of Dilutive Stock Options 785  844  1,000 
Diluted Earnings Weighted Average Shares 33,136  33,718  34,537 
Basic Earnings Per Share $ 1.45  $ 0.60  $ 1.44 
Diluted Earnings Per Share $ 1.41  $ 0.58  $ 1.40 
The above information has been adjusted to reflect the impact of the three-for-twenty distribution of Class B Stock for shareholders of record on October 12, 2018.