Basic and diluted earnings per share for the years ended December 31, 2019, 2018 and 2017 consisted of the following (in thousands, except per share data):
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Numerator (Basic and Diluted): |
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$ |
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$ |
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$ |
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Weighted Average Common Shares Issued and Outstanding |
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) |
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) |
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) |
Add: Fully vested DSUs (2)
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Weighted Average Common Shares Outstanding |
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Basic earnings per common share |
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$ |
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$ |
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$ |
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Weighted Average Common Shares Outstanding from above |
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Add: Dilutive effect of RSUs, RSAs & ESPP |
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Weighted Average Common Shares Outstanding |
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Diluted earnings per common share |
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$ |
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$ |
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$ |
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Antidilutive shares excluded from diluted earnings per common share (3)
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(1) |
RSAs were issued and outstanding to the non-employee directors and have a one-year or three-year vesting term subject to service requirements. See Note 12 – “Stock-Based Compensation Plans” for additional information. |
(2) |
Shares are included in weighted average common shares outstanding as the shares are fully vested but have not yet been delivered. See Note 12 – “Stock-Based Compensation Plans” for additional information. |
(3) |
Primarily pertaining to RSU grants to the Company’s employees and independent contractors. |
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