Net Income Per Common Share

9 Months Ended

Sep. 30, 2019

Earnings Per Share [Abstract]

Net Income Per Common Share

Net Income Per Common Share

A summary of net income per common share is presented below:

	Three Months Ended September 30,				Nine Months Ended September 30,
(in thousands, except per share amounts)	2019		2018		2019		2018
Net income	$	4,856	$	9,269	$	21,217	$	27,225
Basic weighted-average common shares outstanding	39,123		38,342		38,901		38,155
Effect of dilutive stock options	85		31		82		70
Effect of dilutive restricted stock	1,078		1,029		1,140		1,242
Diluted weighted-average common shares outstanding	40,286		39,402		40,123		39,467
Basic income per common share	$	0.12	$	0.24	$	0.55	$	0.71
Diluted income per common share	$	0.12	$	0.24	$	0.53	$	0.69
Antidilutive securities excluded from diluted net income per common share	48		355		44		346