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Earnings Per Share (Tables)
6 Months Ended
Jun. 30, 2020
Earnings Per Share [Abstract]  
Calculations for Basic and Diluted Earnings Loss Per Share
Presented below are the calculations for basic and diluted earnings per share:

 
Three months ended June 30,
   
Six months ended June 30,
 
   
2020
   
2019
   
2020
   
2019
 
   
(In Thousands, except per share amounts)
 
                         
Net income
 
$
20,948
   
$
9,643
   
$
27,017
   
$
16,185
 
                                 
Weighted average shares outstanding
   
24,464
     
26,242
     
24,934
     
26,370
 
Effect of dilutive potential common shares
   
49
     
170
     
137
     
202
 
Diluted weighted average shares outstanding
   
24,513
     
26,412
     
25,071
     
26,572
 
                                 
Basic earnings per share
 
$
0.86
   
$
0.37
   
$
1.08
   
$
0.61
 
Diluted earnings per share
 
$
0.85
   
$
0.37
   
$
1.08
   
$
0.61