v2.4.0.6
Earnings Per Share
3 Months Ended
Mar. 31, 2013
Earnings Per Share [Abstract]  
Earnings Per Share [Text Block]
2. Earnings Per Share

 

The following table sets forth the computation of earnings per share and diluted earnings per share:

 

    Three Months Ended March 31,  
    2013     2012  
    (In thousands, except per share amounts)  
Numerator:                
Net earnings attributable to Weyco Group, Inc.   $ 3,200     $ 3,869  
                 
Denominator:                
Basic weighted average shares outstanding     10,760       10,888  
Effect of dilutive securities:                
Employee stock-based awards     75       140  
Diluted weighted average shares outstanding     10,835       11,028  
                 
Basic earnings per share   $ 0.30     $ 0.36  
                 
Diluted earnings per share   $ 0.30     $ 0.35  

 

Diluted weighted average shares outstanding for the three months ended March 31, 2013 exclude anti-dilutive unvested restricted stock and outstanding stock options totaling 853,780 shares of common stock at a weighted average price of $24.81. Diluted weighted average shares outstanding for the three months ended March 31, 2012 exclude anti-dilutive unvested restricted stock and outstanding stock options totaling 717,030 shares of common stock at a weighted average price of $25.67.