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Earnings per Share | 12 Months Ended
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Dec. 31, 2022
Earnings Per Share [Abstract] |
Earnings per Share | Earnings per ShareEarnings per share have been computed based on the following:
| Year Ended December 31,
(in thousands) | 2022 |  | 2021 |  | 2020
Net income | $ | 125,419 |  |  | $ | 117,655 |  |  | $ | 64,814 |
Average number of common shares outstanding | 32,584 |  |  | 29,721 |  |  | 29,917 |
Effect of dilutive stock options and restricted stock | 137 |  |  | 161 |  |  | 111 |
Average number of common shares outstanding used to calculate diluted earnings per share | 32,721 |  |  | 29,882 |  |  | 30,028 |
Options excluded from diluted earnings per share because the effect of these options was antidilutive | — |  |  | — |  |  | — |

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