XML 22 R11.htm IDEA: XBRL DOCUMENT
v3.21.2

Earnings Per Share | 9 Months Ended
--- | ---
Sep. 30, 2021
Earnings Per Share [Abstract] |
Earnings Per Share | EARNINGS PER SHARE Basic earnings per common share data is calculated by dividing net income by the weighted average number of common shares outstanding during the period. Diluted earnings per common share gives effect to all dilutive potential common shares outstanding during the period using the treasury stock method. The following table presents a summary of per common share data and amounts for the periods indicated.
| Three months ended September 30, |  | Nine months ended September 30,
(in thousands, except per share data) | 2021 |  | 2020 |  | 2021 |  | 2020
Net income as reported | $ | 13,913 |  |  | $ | 17,951 |  |  | $ | 82,244 |  |  | $ | 45,453 |
Weighted average common shares outstanding | 36,898 |  |  | 26,217 |  |  | 33,158 |  |  | 26,290 |
Additional dilutive common stock equivalents | 49 |  |  | 11 |  |  | 47 |  |  | 21 |
Weighted average diluted common shares outstanding | 36,947 |  |  | 26,228 |  |  | 33,205 |  |  | 26,311 |
Basic earnings per common share: | $ | 0.38 |  |  | $ | 0.68 |  |  | $ | 2.48 |  |  | $ | 1.73 |
Diluted earnings per common share: | 0.38 |  |  | 0.68 |  |  | $ | 2.48 |  |  | $ | 1.73 |
For the three and nine months ended September 30, 2021 common stock equivalents of approximately 151,000 and 153,000, respectively, were excluded from the earnings per share calculations because their effect would have been anti-dilutive. Comparatively, there were 132,000 and 139,000 common stock equivalents excluded in the prior year periods, respectively.

X
- References No definition available. + Details
Name: | us-gaap_EarningsPerShareAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for earnings per share. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=109243012&loc=SL65017193-207537 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -URI http://asc.fasb.org/topic&trid=2144383 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3630-109257 + Details
Name: | us-gaap_EarningsPerShareTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration