Earnings per Share (Tables)

3 Months Ended

Mar. 31, 2022

Earnings Per Share [Abstract]

Schedule of Earnings Per Share, Basic and Diluted

The following table sets forth the calculation of basic and diluted earnings per share for the three months ended March 31, 2022 and 2021:

	Three Months Ended March 31,
(in thousands, except share and per share amounts)	2022		2021
Basic net income per share:
Net income	$	33,511	$	36,506
Weighted-average common shares outstanding during the period	34,159,979		33,108,422
Basic net income per share	$	0.98	$	1.10

	Three Months Ended March 31,
(in thousands, except share and per share amounts)	2022		2021
Diluted net income per share:
Net income	$	33,511	$	36,506
Basic shares outstanding during the period	34,159,979		33,108,422
Plus: Common stock equivalents associated with stock option awards	3,797,706		905,058
Diluted shares outstanding	37,957,685		34,013,480
Diluted net income per share	$	0.88	$	1.07