Earnings Per Share

3 Months Ended

Mar. 31, 2023

Earnings Per Share [Abstract]

Earnings Per Share

Earnings Per Share

The following table presents the reconciliation of the numerator and denominator for calculating net income per share:

	First Quarter
(In thousands, except per share data)	2023		2022
Numerator
Net income - basic and diluted	$	5,620	$	2,521
Denominator
Weighted average common shares outstanding - basic	88,573		92,118
Dilutive effect of stock options and restricted stock awards	1,997		1,821
Weighted average common shares outstanding - diluted	90,570		93,939
Net income per common share
Basic	$	0.06	$	0.03
Diluted	$	0.06	$	0.03

We excluded the following weighted average potential shares from the calculations of diluted net income per share during the applicable periods because their inclusion would have been anti-dilutive:

	First Quarter
(In thousands)	2023	2022
Stock options and restricted stock awards	737	1,867