WEIGHTED AVERAGE SHARES OUTSTANDING

9 Months Ended

Sep. 30, 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 September 30,		Nine Months Ended September 30,
(share data in thousands)	2023	2022	2023	2022
Average common shares outstanding	68,879	69,125	69,023	69,213
Common share equivalents:
Stock options	—	11	—	20
Nonvested restricted share grants	47	59	52	73
Performance stock units	68	132	55	122
Average common shares outstanding, assuming dilution	68,994	69,327	69,130	69,428

There were 84.487 anti-dilutive securities excluded from the computation of earnings per share for the nine months ended September 30, 2023. There were no anti-dilutive securities excluded from the computation of earnings per share for the three months ended September 30, 2023, and for the three and nine months ended September 30, 2022.