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Earnings Per Share
3 Months Ended
Mar. 31, 2021
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:
 
2021
   
2020
 
Earnings from continuing operations
 
$
22,164
   
$
9,621
 
Loss from discontinued operations
   
(1,164
)
   
(994
)
Net earnings available to common stockholders
 
$
21,000
   
$
8,627
 
 
               
Weighted average common shares outstanding
   
22,318
     
22,438
 
 
               
Earnings from continuing operations per common share
 
$
0.99
   
$
0.43
 
Loss from discontinued operations per common share
   
(0.05
)
   
(0.05
)
Basic net earnings per common share
 
$
0.94
   
$
0.38
 
 
               
Diluted Net Earnings Per Common Share:
               
Earnings from continuing operations
 
$
22,164
   
$
9,621
 
Loss from discontinued operations
   
(1,164
)
   
(994
)
Net earnings available to common stockholders
 
$
21,000
   
$
8,627
 
 
               
Weighted average common shares outstanding
   
22,318
     
22,438
 
Plus incremental shares from assumed conversions:
               
Dilutive effect of restricted stock and performance stock
   
448
     
431
 
Weighted average common shares outstanding – Diluted
   
22,766
     
22,869
 
 
               
Earnings from continuing operations per common share
 
$
0.97
   
$
0.42
 
Loss from discontinued operations per common share
   
(0.05
)
   
(0.04
)
Diluted net earnings per common share
 
$
0.92
   
$
0.38
 

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,
 
 
 
2021
   
2020
 
Restricted and performance shares
   
272
     
253