Earnings Per Common Share (Tables)

3 Months Ended

Mar. 31, 2020

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
	March 31,
	2020		2019
Net income	$	15,364	$	25,469
Shares:
Weighted average common shares outstanding		54,662		53,277
Dilutive effect of outstanding options, warrants and restricted stock units as determined by the application of the treasury stock method		251		301
Weighted average common shares outstanding, as adjusted for diluted earnings per share calculation		54,913		53,578
Basic earnings per common share	$	0.28	$	0.48
Diluted earnings per common share	$	0.28	$	0.48