Earnings Per Share (Tables)

9 Months Ended

Sep. 30, 2021

Earnings Per Share [Abstract]

Computation of Basic and Diluted Earnings Per Share

The following table sets forth the computation of basic and diluted earnings per share:

	Three Months Ended September 30				Nine Months Ended September 30
(in thousands except per share data)	2021		2020		2021		2020
Numerator:
Net income	$	21,142	$	17,447	$	68,691	$	43,678
Denominator:
Basic earnings per share:
Weighted average shares		17,790		17,746		17,783		17,746
Diluted earnings per share:
Effect of dilutive stock options and restricted stock grants		18		6		15		7
Adjusted weighted average shares		17,808		17,752		17,798		17,753
Earnings per share:
Basic earnings per share	$	1.19	$	0.98	$	3.86	$	2.46
Diluted earnings per share		1.19		0.98		3.86		2.46