Earnings per Common Share (Tables)

6 Months Ended

Jun. 30, 2022

The following table sets forth the computation of basic and diluted EPS for the periods presented:


	Three Months Ended				Six Months Ended
	June 30,				June 30,
	2022		2021		2022		2021

	(in thousands except per share amounts)
Basic EPS:
Net income	$	58,808	$	55,039	$	116,330	$	106,892
Less: Earnings allocated to participating securities:

Nonvested restricted shares	—		70		47		227
Earnings allocated to common shareholders	$	58,808	$	54,969	$	116,283	$	106,665
Weighted average common shares outstanding	78,049		70,987		77,989		70,924
Basic earnings per common share	$	0.75	$	0.77	$	1.49	$	1.50
Diluted EPS:
Earnings allocated to common shareholders	$	58,808	$	54,969	$	116,283	$	106,665
Weighted average common shares outstanding	78,049		70,987		77,989		70,924
Dilutive effect of equity awards	65		177		110		155
Weighted average diluted common shares outstanding	78,114		71,164		78,099		71,079
Diluted earnings per common share	$	0.75	$	0.77	$	1.49	$	1.50
Potentially dilutive RSAs and RSUs that were not included in the computation of diluted EPS because to do so would be anti-dilutive	600		248		389		158