Net Income Per Common Share (Tables)

3 Months Ended

Mar. 31, 2021

Basic and diluted net income per common share

Basic and diluted net income per common share calculations are as follows for the periods presented:


	Three Months Ended
	March 31,
	2021		2020
Basic
Net income applicable to common stock	$	57,908	$	2,008
Average common shares outstanding	56,240,201		56,534,816
Net income per common share - basic	$	1.03	$	0.04
Diluted
Net income applicable to common stock	$	57,908	$	2,008
Average common shares outstanding	56,240,201		56,534,816
Effect of dilutive stock-based compensation	278,998		171,473
Average common shares outstanding - diluted	56,519,199		56,706,289
Net income per common share - diluted	$	1.02	$	0.04

Schedule of antidilutive securities

Stock-based compensation awards that could potentially dilute basic net income per common share in the future that were not included in the computation of diluted net income per common share due to their anti-dilutive effect were as follows for the periods presented:


	Three Months Ended
	March 31,
	2021	2020
Number of shares	1,875	236,327
Exercise prices (for stock option awards)	—	—