Earnings per common and common equivalent share are computed using the weighted average number of shares of common stock and common stock equivalents outstanding during each period. If dilutive, the effect of stock awards, treated as common stock equivalents, is calculated using the treasury stock method.

The following table sets forth the computation of basic and diluted earnings per share:


	Quarter Ended June 30,				Six Months Ended June 30,
In Thousands	2022		2021		2022		2021

Numerator:
Net income	$	210,538	$	183,053	$	372,070	$	224,242

Denominator:
Denominator for basic earnings per share – weighted average shares	19,419		20,581		19,709		20,574

Effect of dilutive securities:
Employee stock awards	247		182		273		167

Denominator for diluted earnings per share – weighted average shares	19,666		20,763		19,982		20,741

There were no anti-dilutive employee stock awards excluded from the determination of diluted earnings per common and common equivalent shares for the second quarter or six months ended June 30, 2022 or 2021.