Earnings per Share (Tables)

12 Months Ended

Dec. 31, 2019

Earnings Per Share [Abstract]

Schedule of Earnings Per Share, Diluted, by Common Class

The basic and diluted earnings per share (“EPS”), and the basic and diluted weighted average shares outstanding for all periods as presented in the accompanying Consolidated Statements of Income are shown below:

	For the year ended December 31,
	(In thousands, except per share amounts)
Earnings per share:	2019		2018		2017
Basic earnings per common share	$	3.17	$	2.97	$	3.19
Diluted earnings per common share	$	3.16	$	2.95	$	3.17
Basic weighted average shares outstanding	30,511		31,393		31,552
Diluted weighted average shares outstanding	30,594		31,534		31,719

Schedule of Weighted Average Number of Shares

Diluted shares outstanding are determined as follows for each year ended December 31, 2019, 2018, and 2017:

	For the year ended December 31,
	(In thousands)
	2019	2018	2017
Basic weighted average shares outstanding	30,511	31,393	31,552
Incremental shares for common stock equivalents	83	141	167
Diluted shares outstanding	30,594	31,534	31,719