Earnings per Share (Tables)

12 Months Ended

Dec. 31, 2019

Earnings per Share

Schedule of computation of basic and diluted earnings (loss) per share

		2019		2018		2017
Basic earnings per common share
Net income	$	49,166	$	43,905	$	55,324
Less income allocated to participating securities		639		584		715
Net income allocated to common shareholders	$	48,527	$	43,321	$	54,609
Weighted average common shares outstanding		22,779,057		22,681,888		22,576,381
	$	2.13	$	1.91	$	2.42
Earnings per common share assuming dilution
Net income	$	49,166	$	43,905	$	55,324
Less income allocated to participating securities		639		584		715
Net income allocated to common shareholders	$	48,527	$	43,321	$	54,609
Weighted average common shares outstanding		22,779,057		22,681,888		22,576,381
Incremental shares applicable to stock based compensation		34,654		22,968		11,267
Weighted average common shares assuming dilution		22,813,711		22,704,856		22,587,648
	$	2.11	$	1.89	$	2.40