Net Income (Loss) per Share (Tables)

3 Months Ended

Mar. 31, 2022

The computation of the Company's basic and diluted net income per share is as follows:



	Three months ended March 31,
		2022		2021
		(In thousands, except per share data)
Numerator for basic and diluted income per common share:
Net income		$	24,850	$	25,603
Less: Net income allocated to unvested participating restricted stock		(598)		(548)
Net income available to common stockholders - basic		24,252		25,055
Effect of unvested participating restricted stock in two-class calculation		1		6

Net income available to common stockholders - diluted		$	24,253	$	25,061
Denominator:
Weighted average outstanding shares of common stock - basic		16,722		16,460
Dilutive effect of stock options		36		170
Weighted average outstanding shares of common stock - diluted		16,758		16,630
Net income per common share:
Basic		$	1.45	$	1.52
Diluted		$	1.45	$	1.51