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Earnings Per Share (Tables)
6 Months Ended
Jun. 30, 2021
Earnings Per Share [Abstract]  
Computations for Basic and Diluted Earnings Per Share

The computations for basic and diluted earnings per share are as follows: 

 

 

Three Months Ended

 

 

Six Months Ended

 

(shares in thousands)

 

June 30,

 

 

June 30,

 

 

 

2021

 

 

2020

 

 

2021

 

 

2020

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income

 

$

2,105

 

 

$

8,960

 

 

$

10,919

 

 

$

42,947

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted-average common shares outstanding — basic

 

 

65,646

 

 

 

64,864

 

 

 

65,458

 

 

 

64,659

 

Effect of stock options and restricted stock units

 

 

491

 

 

 

894

 

 

 

729

 

 

 

1,143

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted-average common shares outstanding — diluted

 

 

66,137

 

 

 

65,758

 

 

 

66,187

 

 

 

65,802

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Earnings per share — basic

 

$

0.03

 

 

$

0.14

 

 

$

0.17

 

 

$

0.66

 

Earnings per share — diluted

 

$

0.03

 

 

$

0.14

 

 

$

0.16

 

 

$

0.65