Stockholders' Equity (Tables)

3 Months Ended

Mar. 31, 2020

Stockholders' Equity Note [Abstract]

Schedule of earnings per share reconciliation

The following table illustrates the reconciliation of weighted average shares used for earnings per common share computations for the three months ended March 31, 2020 and 2019:



	Three Months Ended March 31,
	2020			2019
	(In thousands)
Net income:
Net income	$	12,191		$	16,552
Dividends and undistributed earnings allocated to participating securities ⁽¹⁾	(6		)	(27		)
Net income allocated to common shareholders	$	12,185		$	16,525
Basic:
Weighted average common shares outstanding	36,357,812			36,881,499
Restricted stock awards	(15,722		)	(55,967		)
Total basic weighted average common shares outstanding	36,342,090			36,825,532
Diluted:
Basic weighted average common shares outstanding	36,342,090			36,825,532
Effect of potentially dilutive common shares ⁽²⁾	254,551			185,108
Total diluted weighted average common shares outstanding	36,596,641			37,010,640


⁽¹⁾	Represents dividends paid and undistributed earnings allocated to nonvested restricted stock awards.

⁽²⁾

Represents the effect of the assumed exercise of stock options and vesting of restricted stock awards and units.

Schedule of dividends activity

The following table summarizes the dividend activity for the three months ended March 31, 2020 and calendar year 2019:



Declared	Cash Dividend per Share	Record Date	Paid Date
January 23, 2019	$0.18	February 7, 2019	February 21, 2019
April 24, 2019	$0.18	May 8, 2019	May 22, 2019
July 24, 2019	$0.19	August 8, 2019	August 22, 2019
October 23, 2019	$0.19	November 7, 2019	November 21, 2019
October 23, 2019	$0.10	November 7, 2019	November 21, 2019	*
January 22, 2020	$0.20	February 6, 2020	February 20, 2020

* Denotes a special dividend.

Schedule of repurchased shares

The following table provides total repurchased shares for the periods indicated:



	Three Months Ended March 31,
	2020		2019
Repurchased shares to pay withholding taxes	25,882		25,854
Stock repurchase to pay withholding taxes average share price	$	21.79	$	31.01