Net Income Per Common Share (Tables)

6 Months Ended

Jun. 30, 2023

Earnings Per Share [Abstract]

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
	June 30,
	2023		2022
Basic
Net income applicable to common stock	$	28,643	$	39,678
Average common shares outstanding	56,107,881		55,906,755
Net income per common share - basic	$	0.51	$	0.71
Diluted
Net income applicable to common stock	$	28,643	$	39,678
Average common shares outstanding	56,107,881		55,906,755
Effect of dilutive stock-based compensation	287,772		276,090
Average common shares outstanding - diluted	56,395,653		56,182,845
Net income per common share - diluted	$	0.51	$	0.71

	Six Months Ended
	June 30,
	2023		2022
Basic
Net income applicable to common stock	$	74,721	$	73,225
Average common shares outstanding	56,058,585		55,858,243
Net income per common share - basic	$	1.33	$	1.31
Diluted
Net income applicable to common stock	$	74,721	$	73,225
Average common shares outstanding	56,058,585		55,858,243
Effect of dilutive stock-based compensation	271,710		272,519
Average common shares outstanding - diluted	56,330,295		56,130,762
Net income per common share - diluted	$	1.33	$	1.30

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
	June 30,
	2023	2022
Number of shares	179,226	213,953

	Six Months Ended
	June 30,
	2023	2022
Number of shares	182,226	214,203