Earnings Per Share

12 Months Ended

Dec. 31, 2021

The following is a reconciliation of the numerators and denominators used in computing Basic and Diluted Earnings Per Common Share ("EPS"):


	For Years Ended December 31,
	2021					2020					2019
($ in thousands except per share amounts)	Income (Numer-ator)		Shares (Denom-inator)	Per Share Amount		Income (Numer-ator)		Shares (Denom-inator)	Per Share Amount		Income (Numer-ator)		Shares (Denom-inator)	Per Share Amount
Basic EPS:
Net income	$	95,644				$	81,477				$	92,046
Less: income allocated to participating securities	(483)					(398)					(450)
Basic EPS per common share	$	95,161	29,876,151	$	3.19	$	81,079	28,839,866	$	2.81	$	91,596	29,547,851	$	3.10

Diluted EPS:
Net income	$	95,644	29,876,151			$	81,477	28,839,866			$	92,046	29,547,851
Effect of Dilutive Securities	—		151,634			—		141,701			—		172,648
Diluted EPS per common share	$	95,644	30,027,785	$	3.19	$	81,477	28,981,567	$	2.81	$	92,046	29,720,499	$	3.10

For the years ended December 31, 2021, 2020, and 2019, there were no options that were anti-dilutive.