Earnings Per Share (Tables)

6 Months Ended

Jun. 30, 2020

Earnings Per Share [Abstract]

Computation of Earnings Per Share

The following schedule shows the Company’s earnings per share calculations for the periods presented:

	For the Three Months Ended June 30,				For the Six Months Ended June 30,
(in thousands, except per share data)	2020		2019		2020		2019
Net income available to common shareholders	$	11,851	$	17,457	$	24,243	$	33,083
Less: earnings allocated to participating securities	108		147		211		287
Net income allocated to common shareholders	$	11,743	$	17,310	$	24,032	$	32,796
Weighted average number of common shares outstanding - basic	50,522		50,509		50,554		50,393
Share-based plans	71		140		107		151
Weighted average number of common shares outstanding - diluted	50,593		50,649		50,661		50,544
Basic earnings per share	$	0.23	$	0.34	$	0.48	$	0.65
Diluted earnings per share	$	0.23	$	0.34	$	0.47	$	0.65