Earnings Per Share

9 Months Ended

Sep. 30, 2022

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


	For the Three Months Ended September 30,				For the Nine Months Ended September 30,
(in thousands, except per share data)	2022		2021		2022		2021
Net income available to common shareholders	$	28,746	$	22,289	$	73,792	$	72,871
Less: earnings allocated to participating securities	339		303		847		839
Net income allocated to common shareholders	$	28,407	$	21,986	$	72,945	$	72,032
Weighted average number of common shares outstanding - basic	64,842		50,637		64,547		50,616
Share-based plans	219		238		208		220
Weighted average number of common shares outstanding - diluted	65,061		50,875		64,755		50,836
Basic earnings per share	$	0.44	$	0.43	$	1.13	$	1.42
Diluted earnings per share	$	0.44	$	0.43	$	1.13	$	1.42

There were no antidilutive options to purchase common stock excluded from the computation for the three and nine months ended September 30, 2022 and 2021.