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Earnings Per Share
3 Months Ended
Mar. 31, 2020
Earnings Per Share [Abstract]  
Earnings Per Share
Note 13. Earnings Per Share

The following are reconciliations of the earnings available to common stockholders and the shares used in calculating basic and dilutive net earnings per common share (in thousands, except per share data):

 
 
Three Months Ended
March 31,
 
Basic Net Earnings Per Common Share:
 
2020
   
2019
 
Earnings from continuing operations
 
$
9,621
   
$
13,104
 
Loss from discontinued operations
   
(994
)
   
(888
)
Net earnings available to common stockholders
 
$
8,627
   
$
12,216
 
 
               
Weighted average common shares outstanding
   
22,438
     
22,422
 
 
               
Earnings from continuing operations per common share
 
$
0.43
   
$
0.58
 
Loss from discontinued operations per common share
   
(0.05
)
   
(0.04
)
Basic net earnings per common share
 
$
0.38
   
$
0.54
 
 
               
Diluted Net Earnings Per Common Share:
               
Earnings from continuing operations
 
$
9,621
   
$
13,104
 
Loss from discontinued operations
   
(994
)
   
(888
)
Net earnings available to common stockholders
 
$
8,627
   
$
12,216
 
 
               
Weighted average common shares outstanding
   
22,438
     
22,422
 
Plus incremental shares from assumed conversions:
               
Dilutive effect of restricted stock and performance stock
   
431
     
483
 
Weighted average common shares outstanding – Diluted
   
22,869
     
22,905
 
 
               
Earnings from continuing operations per common share
 
$
0.42
   
$
0.57
 
Loss from discontinued operations per common share
   
(0.04
)
   
(0.04
)
Diluted net earnings per common share
 
$
0.38
   
$
0.53
 

The shares listed below were not included in the computation of diluted earnings per share because to do so would have been anti-dilutive for the periods presented or because they were excluded under the treasury method (in thousands):

 
 
Three Months Ended
March 31,
 
 
 
2020
   
2019
 
Restricted and performance shares
   
253
     
252