WEIGHTED AVERAGE SHARES OUTSTANDING

3 Months Ended

Mar. 31, 2023

Earnings Per Share [Abstract]

WEIGHTED AVERAGE SHARES OUTSTANDING

NOTE 6 – WEIGHTED AVERAGE SHARES OUTSTANDING

Earnings per share have been computed based on the following weighted average number of common shares outstanding:

	Three Months Ended March 31,
(share data in thousands)	2023	2022
Average common shares outstanding	69,172	69,346
Common share equivalents:
Stock options	—	31
Nonvested restricted share grants	98	167
Performance stock units	53	117
Average common shares outstanding, assuming dilution	69,323	69,661

For the three months ended March 31, 2023, there were 84,487 anti-dilutive performance stock units excluded from the computation of earnings per share. There were no anti-dilutive securities excluded from the computation of earnings per share for the three months ended March 31, 2022.