Earnings per Share (Tables)

6 Months Ended

Jun. 30, 2023

Schedule of Earnings Per Share, Basic and Diluted

A reconciliation of the common shares used in the denominator for computing basic and diluted EPS is as follows:


	Three Months Ended June 30,				Six Months Ended June 30,
(in thousands, except per share amounts)	2023		2022		2023		2022
Weighted average common shares outstanding, used in computing basic earnings per share	61,655		62,554		61,893		63,409
Effect of dilutive stock options and restricted stock units	126		141		229		245
Weighted average common shares outstanding, used in computing diluted earnings per share	61,781		62,695		62,122		63,654

Earnings per share:
Basic	$	0.14	$	0.11	$	0.88	$	1.17
Diluted	$	0.14	$	0.11	$	0.88	$	1.16

Anti-dilutive common shares (1)	2,213		2,061		1,789		1,709

(1) Common stock related to stock options and service-based restricted stock units, and performance-based restricted stock were outstanding but were excluded from the computation of diluted EPS because their effect would be anti-dilutive under the treasury stock method or because the shares were subject to performance conditions that had not been met.