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Earnings Per Share (Tables)
9 Months Ended
Sep. 30, 2021
Earnings Per Share [Abstract]  
Computation of Basic and Diluted Earnings Per Share

The following schedule reconciles the computation of basic and diluted earnings per share for the periods indicated:

 

 

 

Three Months Ended

September 30,

 

 

Nine Months Ended

September 30,

 

In thousands, except per share amounts

 

2021

 

 

2020

 

 

2021

 

 

2020

 

Numerator:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income

 

$

22,221

 

 

$

11,238

 

 

$

67,909

 

 

$

12,383

 

Denominator:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted-average shares outstanding for basic earnings per share

 

 

9,861

 

 

 

10,977

 

 

 

10,199

 

 

 

10,945

 

Effect of dilutive securities

 

 

683

 

 

 

115

 

 

 

601

 

 

 

172

 

Weighted-average shares adjusted for dilutive securities

 

 

10,544

 

 

 

11,092

 

 

 

10,800

 

 

 

11,117

 

Earnings per share:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic

 

$

2.25

 

 

$

1.02

 

 

$

6.66

 

 

$

1.13

 

Diluted

 

$

2.11

 

 

$

1.01

 

 

$

6.29

 

 

$

1.11