Earnings per Share (Tables)

12 Months Ended

Dec. 31, 2021

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:	2021		2020		2019
Basic earnings per common share	$	2.23	$	3.03	$	3.17
Diluted earnings per common share	$	2.22	$	3.02	$	3.16
Basic weighted average shares outstanding	30,625		30,510		30,511
Diluted weighted average shares outstanding	30,664		30,571		30,594

Schedule of Weighted Average Number of Shares

Diluted shares outstanding are determined as follows for each year ended December 31, 2021, 2020, and 2019:


	For the year ended December 31,
	(In thousands)
	2021	2020	2019
Basic weighted average shares outstanding	30,625	30,510	30,511
Incremental shares for common stock equivalents	39	61	83
Diluted shares outstanding	30,664	30,571	30,594