XML 35 R23.htm IDEA: XBRL DOCUMENT v3.21.2
Earnings per Common Share (Tables)
6 Months Ended
Jun. 30, 2021
Earnings per common share:  
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]

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)

2021

2020

2021

2020

Net income

$

32,219

$

14,832

$

65,218

$

20,862

Earnings allocated to participating securities

(81

)

(69

)

(176

)

(94

)

Income attributable to common stock

$

32,138

$

14,763

$

65,042

$

20,768

 

Weighted average common shares outstanding, including participating securities

39,781

39,640

39,786

39,603

Weighted average participating securities

(100

)

(104

)

(107

)

(123

)

Weighted average common shares outstanding

39,681

39,536

39,679

39,480

Incremental shares from assumed conversions of options,

performance units and non-participating restricted shares

192

76

214

112

Weighted average common and equivalent shares outstanding

39,873

39,612

39,893

39,592

 

Earnings per common share:

Basic

$

0.81

$

0.37

$

1.64

$

0.53

Diluted

0.81

0.37

1.63

0.52