Earnings Per Common Share (Tables)

3 Months Ended

Mar. 31, 2020

Earnings per common share are calculated as follows:

	For the Three Months Ended March 31,
(unaudited, in thousands, except shares and per share amounts)	2020		2019
Numerator for both basic and diluted earnings per common share:
Net income	$	23,396	$	40,337
Denominator:
Total average basic common shares outstanding		67,486,550		54,598,499
Effect of dilutive stock options and other stock compensation		100,896		107,838
Total diluted average common shares outstanding		67,587,446		54,706,337
Earnings per common share - basic	$	0.35	$	0.74
Earnings per common share - diluted	$	0.35	$	0.74