Net Income Per Common Share (Tables)

6 Months Ended

Jun. 30, 2023

Earnings Per Share [Abstract]

Schedule of Net Income Per Common Share

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

	Three Months Ended June 30,				Six Months Ended June 30,
(in thousands, except per share amounts)	2023		2022		2023		2022
Net income	$	94,131	$	43,058	$	91,324	$	86,020
Basic weighted-average common shares outstanding	68,371		68,674		68,062		68,343
Effect of dilutive stock options	399		443		391		441
Effect of dilutive restricted stock	1,447		1,679		1,504		1,628
Effect of convertible debt instrument	797		—		—		—
Diluted weighted-average common shares outstanding	71,014		70,796		69,957		70,412
Basic income per common share	$	1.38	$	0.63	$	1.34	$	1.26
Diluted income per common share	$	1.33	$	0.61	$	1.31	$	1.22
Antidilutive securities excluded from diluted net income per common share	349		268		389		196