XML 64 R23.htm IDEA: XBRL DOCUMENT v3.21.2
Earnings Per Share (Tables)
6 Months Ended
Jun. 30, 2021
Earnings Per Share [Abstract]  
Computation of Basic and Diluted Earnings Per Share
The following table sets forth the computation of basic and diluted earnings per share:
  
Three months ended
June 30,
Six months ended
June 30,
(dollars in thousands, except per share amounts)
2021
2020
2021
2020
Numerator:
Net income$6,731 $11,823 $6,567 $16,462 
Denominator:
Weighted average common shares47,756,326 48,239,928 47,560,847 48,138,125 
Add effect of dilutive securities:
Stock-based awards688,548 178,450 883,811 326,952 
Weighted average common shares assuming dilution48,444,874 48,418,378 48,444,658 48,465,077 
Earnings per share:
Basic$0.14 $0.25 $0.14 $0.34 
Diluted$0.14 $0.24 $0.14 $0.34 
Anti-dilutive shares excluded from calculations of diluted earnings per share907,210 1,484,976 1,032,655 1,329,519