Earnings per Common Share (Tables)

9 Months Ended

Sep. 30, 2020

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

	Three Months Ended September 30,						Nine Months Ended September 30,
	(in thousands, except for per share data)
	2020			2019			2020			2019
Net income	$	24,786		$	21,696		$	45,648		$	52,612
Earnings allocated to participating securities		(133	)		(117	)		(218	)		(176	)
Income attributable to common stock	$	24,653		$	21,579		$	45,430		$	52,436

Weighted average common shares outstanding, including participating securities		39,656			35,307			39,624			35,317
Weighted average participating securities		(119	)		(141	)		(125	)		(65	)
Weighted average common shares outstanding		39,537			35,166			39,499			35,252

Incremental shares from assumed conversions of options,
performance units and non-participating restricted shares		117			97			111			82
Weighted average common and equivalent shares outstanding		39,654			35,263			39,610			35,334

Earnings per common share:
Basic	$	0.62		$	0.61		$	1.15		$	1.49
Diluted		0.62			0.61			1.15			1.48