Earnings Per Share

9 Months Ended

Sep. 30, 2022

The amounts used in computing earnings per share and the weighted average number of shares of potentially dilutive securities are as follows:


	Three months ended September 30,				Nine months ended September 30,
(in thousands, except market price and earnings per share)	2022		2021		2022		2021
Net income attributable to the Company	$	10,694	$	30,862	$	77,632	$	89,842

Weighted average number of shares:
Weighted average number of shares used in calculating basic net income per share	31,111		32,381		31,416		32,369
Effect of dilutive stock-based compensation plans:
Stock options	—		1		—		2
RSU and MPP shares	112		52		102		53

Weighted average number of shares used in calculating diluted net income per share	31,223		32,434		31,518		32,424

Average market price of common stock used for calculation of dilutive shares	$	86.00	$	80.33	$	84.53	$	82.41

Net income attributable to the Company per share:
Basic	$	0.34	$	0.95	$	2.47	$	2.78
Diluted	$	0.34	$	0.95	$	2.46	$	2.77