Earnings Per Share

12 Months Ended

Dec. 31, 2020

Earnings Per Share [Abstract]

Earnings Per Share

12. Earnings Per Share

The following table sets forth basic and diluted weighted average shares outstanding used to compute earnings per share:

	Year Ended December 31,
	2020		2019		2018
	(In thousands, except per share amounts)
Basic weighted average shares outstanding		37,359		37,083		36,958
Dilutive effect of stock options and restricted stock		785		873		897
Diluted weighted average shares outstanding		38,144		37,956		37,855
Basic earnings per share	$	8.01	$	5.53	$	4.68
Diluted earnings per share	$	7.85	$	5.40	$	4.57

Stock options and restricted stock totaling 21,127 shares, 146,822 shares and 83,718 shares for the years ended December 31, 2020, 2019 and 2018, respectively, were excluded from the computation of diluted earnings per share because their effect would have been antidilutive. The computation of diluted shares can vary among periods due, in part, to the change in the average price of the Company’s common stock.