Earnings Per Common Share (Tables)

6 Months Ended

Jun. 30, 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				Six Months Ended
	June 30,				June 30,
	2020		2019		2020		2019
Net income	$	25,806	$	24,085	$	41,170	$	49,554
Shares:
Weighted average common shares outstanding		54,489		55,638		54,576		54,464
Dilutive effect of outstanding options, warrants and restricted stock units as determined by the application of the treasury stock method		216		303		231		300
Weighted average common shares outstanding, as adjusted for diluted earnings per share calculation		54,705		55,941		54,807		54,764
Basic earnings per common share	$	0.47	$	0.43	$	0.75	$	0.91
Diluted earnings per common share	$	0.47	$	0.43	$	0.75	$	0.90