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Income per Share (Tables)
6 Months Ended
Jun. 30, 2022
Earnings Per Share [Abstract]  
Summary of Computation of Basic and Diluted Net Income Per Common Share The following table sets forth the computation of basic and diluted net income per common share for the three and six months ended June 30, 2022 and 2021 (amounts in thousands, except per share amounts):

 

 

 

Three Months Ended

 

 

Six Months Ended

 

 

 

June 30,

 

 

June 30,

 


 

 

2022

 

 

2021

 

 

2022

 

 

2021

 

Net income from continuing operations

 

$

27,870

 

 

$

12,251

 

 

$

44,166

 

 

$

14,106

 

Net income (loss) from discontinued operations

 

 

(1,524

)

 

 

3,515

 

 

 

(1,524

)

 

 

5,811

 

Net income

 

$

26,346

 

 

$

15,766

 

 

$

42,642

 

 

$

19,917

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average number of common shares outstanding:

 

 

 

 

 

 

 

 

 

 

 

 

Basic

 

 

36,382

 

 

 

36,216

 

 

 

36,373

 

 

 

36,200

 

Effect of dilutive non-vested restricted stock

 

 

159

 

 

 

221

 

 

 

167

 

 

 

212

 

Diluted

 

 

36,541

 

 

 

36,437

 

 

 

36,540

 

 

 

36,412

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Income (loss) per share:

 

 

 

 

 

 

 

 

 

 

 

 

Basic:

 

 

 

 

 

 

 

 

 

 

 

 

Continuing operations

 

$

0.77

 

 

$

0.34

 

 

$

1.21

 

 

$

0.39

 

Discontinued operations

 

 

(0.04

)

 

 

0.10

 

 

 

(0.04

)

 

 

0.16

 

Net income (loss) per share

 

$

0.72

 

 

$

0.44

 

 

$

1.17

 

 

$

0.55

 

Diluted:

 

 

 

 

 

 

 

 

 

 

 

 

Continuing operations

 

$

0.76

 

 

$

0.34

 

 

$

1.21

 

 

$

0.39

 

Discontinued operations

 

 

(0.04

)

 

 

0.10

 

 

 

(0.04

)

 

 

0.16

 

Net income (loss) per share

 

$

0.72

 

 

$

0.43

 

 

$

1.17

 

 

$

0.55

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Common shares excluded from the denominator as anti-dilutive:

 

 

 

 

 

 

 

 

 

 

 

 

Non-vested restricted stock

 

 

12

 

 

 

 

 

 

6