Earnings Per Share

9 Months Ended

Sep. 30, 2023

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)	2023		2022		2023		2022
Net income available to common shareholders	$	22,239	$	28,746	$	64,672	$	73,792
Less: earnings allocated to participating securities	221		339		660		847
Net income allocated to common shareholders	$	22,018	$	28,407	$	64,012	$	72,945
Weighted average number of common shares outstanding - basic	65,064		64,842		65,030		64,547
Share-based plans	158		219		180		208
Weighted average number of common shares outstanding - diluted	65,222		65,061		65,210		64,755
Basic earnings per share	$	0.34	$	0.44	$	0.98	$	1.13
Diluted earnings per share	$	0.34	$	0.44	$	0.98	$	1.13

There were no antidilutive options to purchase common stock excluded from the computation for the three and nine months ended September 30, 2023 and 2022.