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Earnings Per Share
 6 Months Ended
Jun. 30, 2021
Earnings Per Share [Abstract]  
Earnings Per Share Earnings Per Share
Basic earnings per share (“EPS”) is computed based on the weighted average number of common shares outstanding for the period, excluding any dilutive common share equivalents. Diluted EPS reflects the potential dilution resulting from exercises of stock options, vesting of performance share units, vesting of restricted stock, vesting of restricted stock units, and conversion of preferred stock.
The following table reconciles the numerator (i.e., income) and denominator (i.e., shares) of the basic and diluted EPS computations for the periods presented (in thousands, except per share data):
Three Months Ended
June 30,		Six Months Ended
June 30,
 2021202020212020
Numerator for EPS:
Net income $21,941 $19,882 $48,349 $39,949 
Less: Preferred stock dividends(2)(2)(5)(5)
Income available to common stockholders$21,939 $19,880 $48,344 $39,944 
Denominator for EPS:  
Weighted average common shares outstanding31,240 32,102 31,224 32,347 
Plus: Assumed conversion of share-based compensation (1)45 43 43 68 
     Assumed conversion of preferred stock25 25 25 25 
Weighted average diluted common shares outstanding31,310 32,170 31,292 32,440 
Basic earnings per common share$0.70 $0.62 $1.55 $1.23 
Diluted earnings per common share$0.70 $0.62 $1.54 $1.23 
(1)
Represents the dilutive effect of unexercised stock options, unvested performance share units, unvested restricted stock units and unvested restricted stock.