XML 50 R40.htm IDEA: XBRL DOCUMENT v3.22.1
Earnings Per Share (Tables)
3 Months Ended
Mar. 31, 2022
Earnings Per Share [Abstract]  
Earnings Per Share
The following table sets forth the computation of basic and diluted earnings per share:

 Three Months Ended
 March 31,
2022
March 31,
2021
Numerator:(in thousands, except share and per share data)
Net income
$18,059 $16,376 
Denominator:
Basic weighted average shares
52,613,232 52,293,464 
Effect of dilutive shares related to stock based compensation1
927,137 1,521,180 
Effect of dilutive shares related to contingent consideration2
410,626 — 
Diluted weighted average shares
53,950,995 53,814,644 
Earnings per share:
Basic
$0.34 $0.31 
Dilutive
$0.33 $0.30 
Anti-dilutive shares:
Shares
437,636 100,625 
1 Dilutive shares related to stock options, restricted stock, PSUs and Key Employee Awards (Note 13)
2 Dilutive shares related to contingent shares issued to the former owners of BasX (Note 3 & Note 16)