Earnings per Common Share (Tables)

6 Months Ended

Jun. 30, 2020

Earnings per common share have been computed based on the following:

	Three Months Ended June 30,						Six Months Ended June 30,
	(in thousands, except for per share data)
	2020			2019			2020			2019
Net income	$	14,832		$	19,281		$	20,862		$	30,916
Earnings allocated to participating securities		(69	)		(58	)		(94	)		(140	)
Income attributable to common stock	$	14,763		$	19,223		$	20,768		$	30,776

Weighted average common shares outstanding, including participating securities		39,640			35,365			39,603			35,322
Weighted average participating securities		(104	)		(49	)		(123	)		(26	)
Weighted average common shares outstanding		39,536			35,316			39,480			35,296

Incremental shares from assumed conversions of options,
performance units and non-participating restricted shares		76			79			112			74
Weighted average common and equivalent shares outstanding		39,612			35,395			39,592			35,370

Earnings per common share:
Basic	$	0.37		$	0.54		$	0.53		$	0.87
Diluted		0.37			0.54			0.52			0.87