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Earnings per Share (Tables)
6 Months Ended
Jun. 30, 2022
Earnings Per Share [Abstract]  
Reconciliation of Number of Shares Used in Calculating Basic and Diluted Earnings per Share

The following table reconciles the number of shares used in calculating basic and diluted earnings per share:

 

 

 

Three Months Ended June 30,

 

 

Six Months Ended June 30,

 

(in thousands)

 

2022

 

 

2021

 

 

2022

 

 

2021

 

Basic weighted-average shares outstanding

 

 

69,580

 

 

 

67,316

 

 

 

69,502

 

 

 

67,265

 

Incremental shares due to:

 

 

 

 

 

 

 

 

 

 

 

 

Performance shares

 

 

152

 

 

 

355

 

 

 

154

 

 

 

343

 

Restricted stock units

 

 

59

 

 

 

61

 

 

 

75

 

 

 

56

 

Diluted weighted-average shares outstanding

 

 

69,791

 

 

 

67,732

 

 

 

69,731

 

 

 

67,664