v2.4.0.6
Earnings Per Share
6 Months Ended
Jun. 30, 2013
Earnings Per Share [Abstract]  
Earnings Per Share [Text Block]
3.
Earnings Per Share
 
The following table sets forth the computation of earnings per share and diluted earnings per share:
 
 
 
Three Months Ended 
June 30,
 
Six Months Ended June 
30,
 
 
 
2013
 
2012
 
2013
 
2012
 
 
 
(In thousands, except per share amounts)
 
Numerator:
 
 
 
 
 
 
 
 
 
 
 
 
 
Net earnings attributable to Weyco Group, Inc.
 
$
2,205
 
$
2,219
 
$
5,405
 
$
6,088
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Denominator:
 
 
 
 
 
 
 
 
 
 
 
 
 
Basic weighted average shares outstanding
 
 
10,763
 
 
10,865
 
 
10,762
 
 
10,877
 
Effect of dilutive securities:
 
 
 
 
 
 
 
 
 
 
 
 
 
Employee stock-based awards
 
 
50
 
 
117
 
 
62
 
 
128
 
Diluted weighted average shares outstanding
 
 
10,813
 
 
10,982
 
 
10,824
 
 
11,005
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Basic earnings per share
 
$
0.20
 
$
0.20
 
$
0.50
 
$
0.56
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Diluted earnings per share
 
$
0.20
 
$
0.20
 
$
0.50
 
$
0.55
 
 
Diluted weighted average shares outstanding for the three and six months ended June 30, 2013 exclude anti-dilutive stock options totaling 773,150 shares of common stock at a weighted average price of $24.99. Diluted weighted average shares outstanding for the three and six months ended June 30, 2012 exclude anti-dilutive stock options totaling 805,000 shares of common stock at a weighted average price of $25.38.