Earnings Per Share (Tables)

3 Months Ended

Mar. 31, 2020

Earnings Per Share [Abstract]

Reconciliation of Earnings Per Share

The Company computes earnings per share in accordance with Financial Accounting Standards Board (“FASB”) Accounting Standards Codification (“ASC”) Topic 260, Earnings Per Share (“ASC 260”).   A reconciliation of the component parts of earnings per share for the three months ended March 31, 2020 and 2019 is as follows:

(in thousands, except per share data)	For the three months ended March 31,
	2020		2019
Net income	$	13,313		14,558
Weighted average common shares		96,727		96,744
Stock Options		22		78
Weighted average common shares including potential dilutive shares		96,749		96,822
Basic EPS	$	0.138		0.150
Diluted EPS	$	0.138		0.150