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Earnings Per Share (Tables)
9 Months Ended
Sep. 30, 2020
Earnings Per Share [Abstract]  
Reconciliation of Earnings Per Share

The following is a reconciliation of our earnings per share (in thousands, except for per share data):

 

 

Three Months Ended September 30,

 

 

Nine Months Ended September 30,

 

 

2020

 

 

2019

 

 

2020

 

 

2019

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income

$

24,781

 

 

$

26,105

 

 

$

51,171

 

 

$

79,216

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average shares outstanding - basic

 

33,177

 

 

 

33,034

 

 

 

33,169

 

 

 

33,385

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Dilutive effect of stock options and restricted stock

 

420

 

 

 

231

 

 

 

344

 

 

 

137

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average shares outstanding - diluted

 

33,597

 

 

 

33,265

 

 

 

33,513

 

 

 

33,522

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Earnings per share - basic

$

0.75

 

 

$

0.79

 

 

$

1.54

 

 

$

2.37

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Earnings per share - diluted

$

0.74

 

 

$

0.78

 

 

$

1.53

 

 

$

2.36