Earnings per Common Share (Tables)

9 Months Ended

Sep. 30, 2021

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)
	2021			2020			2021			2020
Net income	$	32,097		$	24,786		$	97,315		$	45,648
Earnings allocated to participating securities		(76	)		(133	)		(250	)		(218	)
Income attributable to common stock	$	32,021		$	24,653		$	97,065		$	45,430

Weighted average common shares outstanding, including participating securities		39,741			39,656			39,770			39,624
Weighted average participating securities		(95	)		(119	)		(102	)		(125	)
Weighted average common shares outstanding		39,646			39,537			39,668			39,499
Incremental shares from assumed conversions of options, performance units and non-participating restricted shares		223			117			220			111
Weighted average common and equivalent shares outstanding		39,869			39,654			39,888			39,610

Earnings per common share:
Basic	$	0.81		$	0.62		$	2.45		$	1.15
Diluted		0.80			0.62			2.43			1.15