Earnings Per Common Share (Tables)

6 Months Ended

Jun. 30, 2019

Earnings Per Common Share

Schedule of computation of earnings per common share

Earnings per common share have been computed as follows (in thousands, except per share data):

	Three Months Ended				Six Months Ended
	June 30,				June 30,
	2019		2018		2019		2018
Net income	$	24,085	$	24,862	$	49,554	$	46,779
Shares:
Weighted average common shares outstanding		55,638		48,815		54,464		48,796
Dilutive effect of outstanding options, warrants and restricted stock units as determined by the application of the treasury stock method		303		409		300		407
Weighted average common shares outstanding, as adjusted for diluted earnings per share calculation		55,941		49,224		54,764		49,203
Basic earnings per common share	$	0.43	$	0.51	$	0.91	$	0.96
Diluted earnings per common share	$	0.43	$	0.51	$	0.90	$	0.95