Net Income Per Common Share (Tables)

9 Months Ended

Sep. 30, 2021

Net Income Per Common Share

Schedule of Basic EPS and Diluted EPS

The calculation of the weighted average number of shares of common stock outstanding for Basic EPS and Diluted EPS for the periods indicated (in thousands, except per share data) is as follows:

	Three Months Ended				Nine Months Ended
	September 30,				September 30,
	2021		2020		2021		2020
Numerator:
Net income	$	9,684	$	33,662	$	107,578	$	37,935
Denominator:
Basic earnings per share weighted average shares		50,380		50,181		50,337		50,199
Dilution due to stock options and restricted stock units		345		441		389		246
Diluted earnings per share weighted average shares		50,725		50,622		50,726		50,445
Basic earnings per share	$	0.19	$	0.67	$	2.14	$	0.76
Diluted earnings per share	$	0.19	$	0.66	$	2.12	$	0.75