Earnings Per Share
12 Months Ended
Dec. 31, 2017
Earnings Per Share [Abstract]  
Earnings Per Share
EARNINGS PER SHARE
Basic earnings per share (EPS) is computed by dividing net income by the weighted average number of common shares outstanding for the period. Diluted EPS reflects potential dilution that could occur if securities to issue common stock were exercised or converted into common stock. Diluted EPS includes the dilutive effect of share-based compensation outstanding after application of the treasury stock method.
 
 
Year Ended December 31,
(In thousands, except per share data)
 
2017
 
2016
 
2015
Net Income
 
$
59,497

 
$
23,655

 
$
30,973

 
 
 
 
 
 
 
 Weighted average common shares outstanding
 
11,021

 
10,714

 
10,551

Add: Dilutive impact of stock options
 
67

 
97

 
98

Add: Dilutive impact of restricted stock units
 
121

 
163

 
176

Diluted weighted average common shares outstanding
 
11,209

 
10,974

 
10,825

 
 
 
 
 
 
 
Earnings per share
 
 
 
 
 
 
Basic
 
$
5.40

 
$
2.21

 
$
2.94

Diluted
 
$
5.31

 
$
2.16

 
$
2.86


The table below provides a summary of securities that could potentially dilute basic earnings per share in the future that were not included in the computation of diluted earnings per share because to do so would have been anti-dilutive for the period presented.
 
 
Year Ended December 31,
(In thousands)
 
2017
 
2016
 
2015
Anti-dilutive stock options
 
8

 

 
13

Anti-dilutive restricted stock units
 

 
9

 

Total
 
8

 
9

 
13