Earnings per Share

3 Months Ended

Mar. 31, 2022

Earnings Per Share [Abstract]

Earnings per Share

Earnings per Share

The following reconciles shares outstanding for basic and diluted earnings per share for the three months ended March 31, 2022 and 2021 (in thousands):

	Three Months Ended March 31,
	2022	2021
Weighted average shares outstanding	59,303	60,300
Less: Unallocated ESOP shares	(422)	(386)
Unallocated incentive award shares	(142)	(74)
Average basic shares outstanding	58,739	59,840
Add: Effect of dilutive securities:
Incentive awards	204	261
Average diluted shares outstanding	58,943	60,101

For the three months ended March 31, 2022 and 2021, antidilutive stock options of 904,000 and 1,672,000, respectively, were excluded from the earnings per share calculations