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Earnings Per Share (Tables) | 6 Months Ended
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Jun. 30, 2020
Earnings Per Share |
Earnings Per Share | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | For the three months ended | ​ | For the six months ended | ​
​ | ​ | June 30, | ​ | June 30, | ​
​ |  | 2020 |  | 2019 |  | 2020 |  | 2019 |
​ | ​ | (In thousands, except per share data) | ​
Net income | ​ | $ | 18,272 | ​ | $ | 10,556 | ​ | $ | 16,882 | ​ | $ | 17,624 | ​
Divided by: | ​ |  | ​ | ​ |  | ​ | ​ |  | ​ | ​ |  | ​ | ​
Weighted average common shares outstanding | ​ |  | 28,867 | ​ |  | 28,761 | ​ |  | 28,860 | ​ |  | 28,691 | ​
Weighted average common stock equivalents | ​ |  | — | ​ |  | — | ​ |  | — | ​ |  | — | ​
Total weighted average common shares outstanding and common stock equivalents | ​ |  | 28,867 | ​ |  | 28,761 | ​ |  | 28,860 | ​ |  | 28,691 | ​
Basic earnings per common share | ​ | $ | 0.63 | ​ | $ | 0.37 | ​ | $ | 0.58 | ​ | $ | 0.61 | ​
Diluted earnings per common share (1) | ​ | $ | 0.63 | ​ | $ | 0.37 | ​ | $ | 0.58 | ​ | $ | 0.61 | ​
Dividend payout ratio | ​ |  | 33.3 | % |  | 56.8 | % |  | 72.4 | % |  | 68.9 | %
(1) | For the three and six months ended June 30, 2020 and 2019, there were no common stock equivalents that were anti-dilutive.

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- Definition Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257 + Details
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