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Earnings Per Share (Tables)
9 Months Ended
Sep. 30, 2021
Earnings Per Share [Abstract]  
Computation of Basic and Diluted Earnings Per Share

The computation of basic and diluted earnings per share is shown in the following table:

 

 

Three Months Ended

September 30,

 

 

Nine Months Ended

September 30,

 

 

2021

 

 

2020

 

 

2021

 

 

2020

 

Basic EPS

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income (In thousands)

$

16,011

 

 

$

10,869

 

 

$

46,142

 

 

$

30,519

 

Weighted average shares outstanding

 

28,246,206

 

 

 

28,182,744

 

 

 

28,235,732

 

 

 

28,293,445

 

Basic earnings per share

$

0.57

 

 

$

0.39

 

 

$

1.63

 

 

$

1.08

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Diluted EPS

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income (In thousands)

$

16,011

 

 

$

10,869

 

 

$

46,142

 

 

$

30,519

 

Weighted average shares outstanding for basic earnings per share

 

28,246,206

 

 

 

28,182,744

 

 

 

28,235,732

 

 

 

28,293,445

 

Dilutive effect of restricted stock awards

 

114,355

 

 

 

107,778

 

 

 

102,813

 

 

 

127,779

 

Weighted average shares for diluted earnings per share

 

28,360,561

 

 

 

28,290,522

 

 

 

28,338,545

 

 

 

28,421,224

 

Diluted earnings per share

$

0.56

 

 

$

0.38

 

 

$

1.63

 

 

$

1.07