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Net Income Per Common Share
 9 Months Ended
Sep. 30, 2021
Earnings Per Share [Abstract]  
Net Income Per Common Share
Note 8 - Net Income Per Common Share
The following table displays a reconciliation of the information used in calculating basic and diluted net income per common share for the three and nine months ended September 30, 2021 and 2020. Diluted net income per common share incorporates the potential impact of contingently issuable shares, including awards which require future service as a condition of delivery of the underlying common stock.
Three Months Ended September 30,Nine Months Ended September 30,
(in thousands, except per share data)2021202020212020
Basic Net Income Per Common Share:
Net income available to common shareholders$178,482 $83,283 $535,193 $198,414 
Weighted average common shares outstanding146,308 147,314 147,622 147,304 
Net income per common share, basic$1.22 $0.57 $3.63 $1.35 
Diluted Net Income Per Common Share:
Net income available to common shareholders$178,482 $83,283 $535,193 $198,414 
Weighted average common shares outstanding146,308 147,314 147,622 147,304 
Effect of dilutive outstanding equity-based awards, warrants, and earnout payments 1,393 662 1,447 733 
Weighted average diluted common shares147,701 147,976 149,069 148,037 
Net income per common share, diluted$1.21 $0.56 $3.59 $1.34 
For the three months ended September 30, 2021 and 2020, there were 32 thousand and 758 thousand, respectively, potentially dilutive shares related to stock options to purchase shares of common stock that were outstanding, and for the nine months ended September 30, 2021 and 2020, there were 21 thousand and 602 thousand, respectively, potentially dilutive shares related to stock options to purchase shares of common stock that were outstanding. These potentially dilutive shares were not included in the computation of diluted net income per common share because the effect would be anti-dilutive.