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Earnings Per Share

3 Months Ended

Mar. 31, 2022

Earnings per share on a basic and diluted basis are calculated as follows (in thousands, except per share amounts):


	Three Months Ended March 31,
	2022		2021
Basic and Diluted Earnings:
Net income	$	24,996	$	34,091
Basic weighted-average shares outstanding	32,357		32,829
Add: Stock awards	180		108
Diluted weighted-average shares outstanding	32,537		32,937
Basic earnings per share:
Net income	$	0.77	$	1.04
Diluted earnings per share:
Net income	$	0.77	$	1.04

For the three months ended March 31, 2022, there were no anti-dilutive shares. For the three months ended March 31, 2021, there were approximately 679,000 anti-dilutive shares.