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Earnings Per Share | 3 Months Ended
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Mar. 31, 2023
Notes to Financial Statements |
Earnings Per Share | 3. Earnings Per Share Earnings per common share have been computed based on the following: ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | ​ | ​
​ | ​ | For the three months ended March 31, | ​
​ | ​ | 2023 (As Restated) |  | 2022 |
​ | ​ | (In thousands, except per share data)
Net income, as reported | ​ | $ | 4,044 | ​ | $ | 18,219 | ​
Divided by: | ​ |  |  | ​ |  |  | ​
Weighted average common shares outstanding | ​ |  | 30,265 | ​ |  | 31,524 | ​
Weighted average common stock equivalents (1) | ​ |  | — | ​ |  | — | ​
Total weighted average common shares outstanding and common stock equivalents | ​ |  | 30,265 | ​ |  | 31,524 | ​
Basic earnings per common share | ​ | $ | 0.13 | ​ | $ | 0.58 | ​
Diluted earnings per common share | ​ | $ | 0.13 | ​ | $ | 0.58 | ​
Dividend Payout ratio | ​ |  | 169.2 | % |  | 37.9 | %
| (1) | For the three months ended March 31, 2023, and 2022, there were no common stock equivalents that were anti-dilutive.

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