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Earnings Per Share (Tables) | 9 Months Ended
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Sep. 30, 2021
Earnings Per Share |
Earnings Per Share | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | For the three months ended | ​ | For the nine months ended | ​
​ | ​ | September 30, | ​ | September 30, | ​
​ |  | 2021 |  | 2020 |  | 2021 |  | 2020 |
​ | ​ | (In thousands, except per share data) | ​
Net income | ​ | $ | 25,413 | ​ | $ | 14,331 | ​ | $ | 63,710 | ​ | $ | 31,213 | ​
Divided by: | ​ |  | ​ | ​ |  | ​ | ​ |  | ​ | ​ |  | ​ | ​
Total weighted average common shares outstanding and common stock equivalents | ​ |  | 31,567 | ​ |  | 28,874 | ​ |  | 31,616 | ​ |  | 28,865 | ​
Basic earnings per common share | ​ | $ | 0.81 | ​ | $ | 0.50 | ​ | $ | 2.02 | ​ | $ | 1.08 | ​
Diluted earnings per common share (1) | ​ | $ | 0.81 | ​ | $ | 0.50 | ​ | $ | 2.02 | ​ | $ | 1.08 | ​
Dividend payout ratio | ​ |  | 25.9 | % |  | 42.0 | % |  | 31.2 | % |  | 58.3 | %
(1) | For the three and nine months ended September 30, 2021 and 2020, there were no common stock equivalents and 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://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257 + Details
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