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Earnings Per Share
3 Months Ended
Mar. 31, 2021
Earnings Per Share [Abstract]  
Earnings Per Share

Earnings Per Share:

The computation of basic and diluted earnings per share is shown in the following table:

 

Three Months Ended

March 31,

 

 

2021

 

 

2020

 

Basic EPS

 

 

 

 

 

 

 

Net income (In thousands)

$

14,556

 

 

$

8,639

 

Weighted average shares outstanding

 

28,215,772

 

 

 

28,535,371

 

Basic earnings per share

$

0.52

 

 

$

0.30

 

 

 

 

 

 

 

 

 

Diluted EPS

 

 

 

 

 

 

 

Net income (In thousands)

$

14,556

 

 

$

8,639

 

Weighted average shares outstanding for basic earnings per share

 

28,215,772

 

 

 

28,535,371

 

Dilutive effect of restricted stock awards

 

120,367

 

 

 

174,632

 

Weighted average shares for diluted earnings per share

 

28,336,139

 

 

 

28,710,003

 

Diluted earnings per share

$

0.51

 

 

$

0.30

 

 

There were no restricted stock awards that were considered anti-dilutive for the three month periods ended March 31, 2021 and 2020.