Earnings per Share

9 Months Ended

Sep. 30, 2021

Earnings per share and the weighted average shares outstanding used in the calculating basic and diluted earnings per share are as follows for the three and nine months ended September 30, (in thousands):


	Three Months Ended September 30,				Nine Months Ended September 30,
	2021		2020		2021		2020
Numerator:
Income from continuing operations	$	27,854	$	31,334	$	64,723	$	65,693
(Loss) Income from discontinued operations	(298)		2,426		1,544		7,418
Net income available to common stockholders	$	27,556	$	33,760	$	66,267	$	73,111
Denominator for basic earnings per share:
Weighted average shares outstanding	32,802		32,635		32,791		32,606
Denominator for diluted earnings per share:
Weighted average shares outstanding	32,802		32,635		32,791		32,606
Common stock options and stock units	248		334		264		296
Weighted average shares and conversions	33,050		32,969		33,055		32,902

The weighted average number of diluted shares does not include potential anti-dilutive common shares issuable pursuant to equity based incentive compensation awards. There were 30,000 and 9,000 shares issuable pursuant to equity based incentive compensation awards excluded from the diluted earnings calculation because the effect of their inclusion would be anti-dilutive for the three months ended September 30, 2021 and 2020, respectively. There were no shares issuable pursuant to equity based incentive compensation awards excluded from the diluted earnings calculation for the nine months ended September 30, 2021 and 24,000 for the nine months ended September 30, 2020.