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Earnings per share (Tables)
12 Months Ended
Dec. 31, 2019
Earnings Per Share [Abstract]  
Earnings Per Share
The following table represents a reconciliation of the numerator and denominator of the basic and diluted earnings per share computations contained in the consolidated financial statements:
 
 
Year ended December 31,
 
 
2019
 
2018
 
2017
 
 
(in thousands, except per share data)
Net income
 
$
63,316

 
$
33,787

 
$
24,901

 
 
 
 
 
 
 
Weighted average common shares outstanding - basic
 
21,528
 
21,090
 
20,992
Dilutive effect of shares issued under stock compensation arrangements:
 
 
 
 
 
 
Stock options
 
570

 
591

 
506

Restricted stock awards
 
38

 
4

 

Total dilutive effect of shares issued under stock compensation arrangements
 
608

 
595

 
506

Weighted average common shares outstanding - diluted
 
22,136

 
21,685

 
21,498

 
 
 
 
 
 
 
Earnings per common share:
 
 
 
 
 
 
Basic
 
$
2.94

 
$
1.60

 
$
1.19

Diluted
 
$
2.86

 
$
1.56

 
$
1.16