Earnings Per Common Share

6 Months Ended

Jun. 30, 2021

Earnings Per Share [Abstract]

Earnings Per Common Share

NOTE 14. EARNINGS PER COMMON SHARE

The following table presents the computation of basic and diluted earnings per common share for the three and six months ended June 30 (in thousands, except per share amounts):

	Three months ended June 30,				Six months ended June 30,
	2021		2020		2021		2020
Numerator:
Net income	$	14,074	$	17,453	$	82,091	$	65,877
Denominator:
Weighted-average number of common shares outstanding-basic		69,404		67,481		69,348		67,360
Effect of dilutive securities:
Performance and restricted stock awards		130		108		172		125
Weighted-average number of common shares outstanding-diluted		69,534		67,589		69,520		67,485
Earnings per common share:
Basic	$	0.20	$	0.26	$	1.18	$	0.98
Diluted	$	0.20	$	0.26	$	1.18	$	0.98

There were no shares excluded from the calculation because they were antidilutive.